Tax reform's impact on family offices and the individual taxpayer

How the key provisions of the 2017 tax legislation may affect family offices and high-net-worth individuals.

Brad Sprong

Brad Sprong

Co-leader, Family Offices & Private Client Services, KPMG US

+1 816-802-5270
View more

This new paper from KPMG LLP (KPMG) provides a brief explanation of a few critical provisions enacted through tax reform and how such items may affect family offices and high-net-worth individuals.

The paper highlights qualified opportunity zones, the potential benefit of qualified business income deductions under section 199A, excess business interest expense limitation, and enhanced gift and estate tax exemption planning.

The TCJA contains a number of provisions that can significantly impact the tax liability of family offices and high-net-worth individuals. Such taxpayers would be well served to closely examine these provisions and realign their planning to consider the potential impact. 

Download

      

Family Office Insights

Sign up for our mailing list to stay informed on the latest news for family offices