Sherman & Howard provides legal insight on the latest tax developments affecting municipalities, employers and individuals.

Read our latest alerts:

TTB Gives Initial Guidance on Excise Tax Cuts
The Alcohol and Tobacco Tax and Trade Bureau (TTB) has set up a Craft Beverage Modernization and Tax Reform website to provide industry members more information on how the TTB will implement portions of the Tax Cuts and Jobs Act signed into law on December 22, 2017.

Impact on Employee Benefit Plans
While the Act is extensive, this Advisory discusses only the changes made to employee benefits such as qualified retirement plans, fringe benefits and health and welfare plans.

Choosing a Business Entity After the New Tax Act and Other Important Business Tax Changes Under the New Law
Read full five-part series.

Tax Cuts and Jobs Act – A Few Things You Can Do Now
Many taxpayers are wondering what can be done (or avoided) before the end of 2017 to maximize their tax efficiency this year and next. Here are a few strategies or issues to consider.

Impact on Executive Compensation Arrangements
This Advisory discusses only the changes made in the Act to executive compensation arrangements, and possible actions that employers might want to take before the end of 2017.

Public Finance: President Trump Signs Tax Act; Makes Legislation Official
The legislation, which passed the House and Senate on December 21, 2017, also contained a “pay-go waiver,” which waives the threatened statutory PAYGO cuts to Medicare and other programs, including payments to issuers of direct pay bonds.

#MeToo Impacts Harassment Damages/Taxes
The recently-enacted Tax Cut and Jobs Act (the “Tax Act”) includes an unheralded change to the tax law that will directly affect sexual harassment settlements.

New Paid Family Leave Tax Credit
The recently-enacted Tax Cut and Jobs Act (the “Tax Act”) includes a provision that eases the burden for employers who adopt paid family and medical leave policies.