Trump Tax Reform

As Christmas approaches and business slows, many on Wall Street are distracted by the tax bill, calculating how it may help or hurt.

What exactly does the final version say?

The change, which would allow real estate businesses to take advantage of a new tax break for "pass-through” businesses, combined elements of House and Senate legislation.

Your clients can save a lot of money—if you act quickly.

President Donald Trump and Republicans had sought to repeal the "death tax"

Sources say the Senate’s “first-in, first-out” rule didn’t make the final version.

The pass-through measure is one of many provisions included in the tax revamp that could have unforeseen effects once they’re applied in the real world.

The congressmen say the provision could take away from the benefit of new technologies—namely robos—that have automated tax loss harvesting.

First in, first out proposal has brokers urging clients to sell before the end of the year.

Waiting until the final bill is signed may not provide enough time to make changes before the end of the year.