03.11.2017 11.01 CDT
The newly unveiled Tax Cut and Jobs Act proposes some major changes to the tax code. However, lurking in the 430-page draft are many important smaller provisions that will affect the HR world.
Tax Cut and Jobs Act: A Benefits Perspective
The Tax Cut and Jobs Act leaves employer-sponsored retirement and health plans unscathed. Other compensation and benefit plans were not so lucky.
The proposed Tax Cut and Jobs Act (“TCJA”) has generated a number of big stories with big numbers, such as $1.5 trillion to lower individual tax rates and $1.5 trillion to lower corporate tax rates. But, also lurking in the 430-page draft, are many important “smaller” provisions that will affect the HR world.