Domestic Production Activities Deduction Entertainment Expenses Qualified Transportation Fringe Benefits Meals.

s The new tax law, H.R.1 – Tax Cuts and Jobs Act, was passed by the United States Congress, and finally signed into law by the President on December 22, 2017. Many changes to Corporate tax laws were included. Following are the topics we will discuss this week: Requirements: 1) Select one of the following topics that were included in the corporate tax law changes to discuss. (Review what your classmates have already chosen first. No more than seven initial posts can be of the same topic.) Domestic Production Activities Deduction Entertainment Expenses Qualified Transportation Fringe Benefits Meals 2) Title your discussion with the topic you’ve chosen from the list. 3) Research professional articles about the tax law change to your topic, and discuss (in your own words): What was the law regarding this topic before the change What changes were made to the law to begin in 2018 How experts believe the change will impact businesses, and/or the economy