New Resource from Bloomberg Tax Helps Clients Interpret IRS Guidance on Tax Reform

Arlington, Va. (February 25, 2019) —Bloomberg Tax today announced the introduction of Tax Reform Guidance Watch, a resource featuring a comprehensive array of tools and information to help its clients understand and respond to the latest IRS guidance implementing the 2017 Tax Cuts and Jobs Act. This new feature is available now to Bloomberg Tax subscribers.

Bloomberg Tax’s content and analysis team is providing practitioners a breakdown of major aspects of lengthy proposed and final regulations so they can quickly navigate to the sections of such measures that impact their organization or clients. Also featured are podcasts with Bloomberg Tax editors discussing the latest guidance on key tax reform topics issues, such as the qualified business income deduction, the interest expense limitation, and opportunity zones. Calculators that fuse content and technology enable practitioners to input data and then immediately determine whether their deduction applies to their respective scenario.

“Tax Reform Guidance Watch is yet another example of our commitment to helping our clients navigate and understand the complicated tax rules emerging in the wake of the 2017 Tax Cuts and Jobs Act,” said George Farrah, Director of Content & Analysis, Bloomberg Tax. “For decades, tax professionals have relied on Bloomberg Tax to interpret the latest tax law changes with expert analysis and practical tools so they can offer exceptional guidance to their clients and organizations, and we are delivering practical insights quickly, so our subscribers are equipped to act within days of the release of IRS guidance.”

Additional features include Fast Answers to common questions arising from the business interest limitation and other key changes, access to in-depth analysis written by leading practitioners in renowned Tax Management Portfolios, which uniquely deliver a wealth of intelligence related to relevant provisions, and links to Bloomberg Tax’s marketing-leading news and commentary covering the most important tax-reform related developments.

For more information, visit Bloomberg Tax & Accounting.

About Bloomberg Tax

Bloomberg Tax provides comprehensive global research, news and technology services enabling tax and accounting professionals to get the timely, accurate, and in-depth information they need to plan and comply with confidence. Our flagship Bloomberg Tax platform combines the proven expertise and perspectives of leading practitioners in our renowned Tax Management Portfolios™ with integrated news from the industry-leading Daily Tax Report®, authoritative analysis and insights, primary sources, and time-saving practice tools. Bloomberg Tax technology solutions, on our proprietary Advantage platform help practitioners simplify complex processes to better control risk and maximize profitability. For more information, visit Bloomberg Tax & Accounting.

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