Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Sidney Kess Sidney Kess

To fund the government through the end of its 2020 fiscal year and provide funding for various projects and purposes, Congress passed a massive spending measure just before adjourning for the Christmas holiday and it was signed into law on Dec. 20, 2019. Titled the Further Consolidated Appropriations Act, 2020 (H.R. 1865), this new law makes an estimated $426 billion in tax cuts for both individuals and businesses. These changes require individuals to reexamine their tax returns for 2018, consider which new rules apply for 2019, and plan ahead for 2020 and beyond. Changes impacting businesses will be discussed in an upcoming column.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Dig Deeper


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.