March News: TOTAL's Tax Update Available Now, State Income Tax Data Updated for 2018, Illustrating the Impact of the TCJA Rule Changes
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March 2018 News

Planning Notes | Software | Events | Tech Tip  

TOTAL 2018 Tax Update Featuring TCJA Available Now

2018 Taxes - Tax Cuts & Jobs Act Changes Now in TOTAL

TOTAL's 2018 tax update featuring the tax changes for the Tax Cuts and Jobs Act (TCJA), including a sunset configuration option, is available now.

Federal Income and Estate Tax Changes:
This release incorporates the new federal tax income and estate tax rules, including changes to the tax rates and brackets, standard and itemized deductions, exemptions, child tax credits, AMT, and estate tax exclusions. Learn more about the changes by reviewing the 2018 Tax Changes Guide which details modifications made in TOTAL to reflect the TCJA.  

Sunset Options:
A majority of the tax law changes applying to individuals are not permanent and are scheduled to sunset after 2025, reverting to the law in effect before the TCJA. This new release includes an option to assume the sunset provision takes place, or that the sunset does not happen and the rule changes under the TCJA continue beyond 2025. A handy cheat sheet highlights the major rule changes, provides the new tax rules compared to the rules in place prior to the TCJA, and indicates which provisions are scheduled to sunset. 

2018 Tax Update Resources:


A second release for the tax law changes will be available soon to include the Qualified Business Income Deduction which allows a 20% deduction of qualified business income.

Get TOTAL's 2018 Tax Update


TOTAL's 2018 Tax Update - Get the Latest Version 

The new version includes updated income and estate tax calculations, retirement plan contribution limits and Social Security estimates. Get the latest desktop edition to update to the 2018 tax rules. The online edition is updated to reflect the 2018 rule changes, and provides the option to use the 2017 tax rules when desired, simply login and start planning.

State Tax Information Updated for 2018


State Tax Information for 2018 - Available Now

State tax income tax information for 2018 is available. If you plan with TOTAL, it's standard practice to ensure the state tax rates are entered for all of the states your clients reside and the rates are up-to-date. Get the 2018 rates now. 
NEW: This feature is now available for the Desktop Edition!

How to capture the impact of the tax law changes

Tech Tip

Illustrating the Impact of the TCJA Rule Changes 

Learn how to demonstrate the long-term impact of the Tax Cuts and Jobs Act on clients' financial plans in TOTAL by comparing sunset vs. no sunset options, and the short-term effect by comparing financial plans using the current tax law vs. prior tax law.

View recorded training classes anytime:

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