Employers Must Note Major Tax Law Changes For 2018

By Peter Salomon, Leanne Reagan, Beth Alcalde and Angelica Fortney (January 5, 2018, 11:49 AM EST) -- Signed by President Donald Trump on Dec. 22, the tax reform law is one of the most significant rewrites of the U.S. tax code in three decades. The sweeping nature of the massive legislative package will affect nearly every aspect of the American economy, including several changes to employee benefits and executive compensation arrangements.

While the legislation's final version is not as far-reaching on executive compensation and employee benefits as earlier House and Senate drafts, it still introduces many significant changes of which employers should be aware. The following analysis highlights some of the primary benefits-related rules taking effect in 2018,...

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