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Tax Cuts and Jobs Act Guide to Investments

Exam Questions: 40
Course Level: Basic
Pages: 172 | Content: 168, Supplemental: 4
NASBA Area of Study: Taxes
Not Acceptable for: N/A
Version: 7660A

This course explains the implications of the changes made by the Tax Cuts and Jobs Act affecting investments. It covers all of the items in the Act that affect investments, including:

• The reduction of the corporate tax rate to 21%
• The repeal of the corporate alternative minimum tax
• The shift from a worldwide tax system to a territorial tax system
• The suspension of all miscellaneous itemized deductions, including investment expenses
• The restriction on like-kind exchanges
• Modification of carried interest provisions
• The availability of new and used equipment write-offs, and
• The new 20% QBI deduction available to certain pass-through entities

All course material provided. No prerequisites. Course level: Basic.

EA Program Approval Number: ZX34G-T-00392-20-S

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Course Information

Table of Contents
  • Impact of the Tax Cuts and Jobs Act on Investments
  • How the Tax Cuts and Jobs Act Changed Tax Rates Imposed on Individual Investors
  • How the Tax Cuts and Jobs Act Changed Treatment of Capital Gains
  • How the Tax Cuts and Jobs Act Changed Tax Credits and Deductions Claimed by Investors
  • Impact of the Tax Cuts and Jobs Act on Real Estate Investments
  • Impact of the Tax Cuts and Jobs Act on U.S.-Based Multinational Companies
Objectives
  • To recognize how the Tax Cuts and Jobs Act impacts investments
  • To recognize how the Tax Cuts and Jobs Act affects individual investors
  • To recognize how the Tax Cuts and Jobs Act impacts capital gains
  • To recognize how the Tax Cuts and Jobs Act affects tax credits and deductions taken
  • To recognize how the Tax Cuts and Jobs Act affects real estate investments
  • To recognize how the Tax Cuts and Jobs Act impacts multinational companies

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