LegalJanuary 16, 2020

Tax briefing: 2019 tax year-in-review

Year-end legislation and ongoing tax reform implementation make 2019 another stand-Out year in tax policy.

Sweeping, bipartisan legislative reforms to retirement security, IRS administra­tion, and the renewal of over 30 temporary tax breaks known as “tax extenders” are just some of the developments that made 2019 another stand-out year in tax policy. Additionally, the IRS issued several packages of proposed and final regulations during the 2019 tax year pertaining to the Tax Cuts and Jobs Act (TCJA) (P.L. 115-97).

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