Wolters Kluwer Legal & Regulatory U.S. today announced a new white paper, "Tax Cuts and Jobs Act Will Present Retirement, Benefits, Executive Compensation and Payroll Professionals with New Challenges in 2018", examining impacts of the tax bill recently signed into law by President Trump.
Authored by Wolters Kluwer experts John W. Strzelecki, J.D., Glenn Sulzer, J.D., and Tulay Turan, J.D., the white paper unpacks aspects of the new law that will affect a wide range of retirement, benefits and payroll professionals, including the elimination of individual mandate penalty, modification of personal income tax rates, revised standard deduction, and the repeal of Roth re-characterization.
"The Tax Cuts and Jobs Act is the most sweeping tax legislation in decades and will affect several areas of the law – from payroll and employee benefits, to pensions and executive compensation," said Glenn Sulzer, a senior analyst for the Corporate Compliance division of Wolters Kluwer and a co-author of the paper. "This white paper will help a wide range of professionals to fully understand these changes and how they will impact their clients."
