By Sidney Kess
The CPA Journal
The Tax Cuts and Jobs Act of 2017 (TCJA) did not make any major changes to the taxation of gains and losses from securities transactions. Favorable tax rates continue to apply to capital gains, and losses continue to be used as offsets to capital gains and a limited amount of ordinary income. There are, however, numerous changes made that affect the taxation of securities investors, some directly and some indirectly. This article is a roundup of these changes.
Published with permission from The CPA Journal.
Click here for the full article.