How the New Tax Law Impacts Tax Deductions

21st Jun 2018

Major Tax Deductions Impacted by the Tax Cuts & Jobs Act

Corporate Tax Rate Drops. Tax payers get new standard deductions. BUT, many personal deductions are curtailed.Tax Deduction Changes for 2018 - Infographic

The Tax Cuts and Jobs Act (TCJA) changed many  deductions that your high income self-employed and small business clients may have used previously to reduce taxes.

Surprisingly, TCJA increased the value of high contribution retirement plans like Defined Benefit & Cash Balance plans for certain clients.

We’ve summarized the major changes to the tax law in an easy to understand infographic you can share with your clients.



Calculate the Savings

Create a personalized estimate of contribution maximums and tax savings for each qualified prospect.



Dedicated DB@ DedicatedDB

A Defined Benefit plan provides #retirement benefits for corporate board members who receive high salaries. See how…

9:00 PM 24 June 2022

Dedicated DB@ DedicatedDB

Clients are looking at the world differently and #advisors are here to help.

8:01 PM 24 June 2022

Dedicated DB@ DedicatedDB

The increase in #smallbusinesses have created greater interest in retirement planning strategies for the self-emplo…

7:08 PM 24 June 2022

Dedicated DB@ DedicatedDB

9 signs a client relationship is in danger.

7:03 PM 24 June 2022

Dedicated DB@ DedicatedDB

What's next in #wealthtech? Innovators weigh in at INVEST 2022.

5:10 AM 24 June 2022

Dedicated DB@ DedicatedDB

Advisors, we have resources for you to help clients understand and build their #retirement plans.

4:30 AM 24 June 2022

Estimate contribution and deduction with our DB calculator Try it now