How The Tax Cuts And Jobs Act Impacts Investors, Traders And Investment Managers (Interactive Brokers)

Join Robert A. Green, CPA, and CEO of GreenTraderTax.com for this Webinar.

The Act impacts investors in many ways, some negative and others positive. Investors with significant investment expenses will decry the suspension of that miscellaneous itemized deduction.

Like many small business owners, traders eligible for trader tax status and investment managers are considering a restructuring of their business for 2018 to take maximum advantage of the new law. Two tax benefits catch their eye: the 20% deduction on pass-through qualified business income (QBI), and the C-Corp 21% flat tax rate.

The new law suspended or trimmed several cherished tax deductions that individuals count on for savings. So, exactly how bad is it and what can you do about it?

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