Tax Law Section

This section provides continuing legal education to its members in the areas of state and federal taxation law. It also maintains a liaison with the Tennessee District of the Southeast Region of the IRS and the Tennessee Department of Revenue.

Immediate Past Chair
Stites & Harbison PLLC
401 Commerce St., Ste. 800
Nashville, TN 37219
LinkedIn: michaelgoode
(404)680-6295
Chair
Chambliss, Bahner & Stophel, P...
605 Chestnut Street Ste 1700
Chattanooga, TN 37450
(423)757-0234
Staff Coordinator
Tennessee Bar Association
221 4th Avenue N. Suite 400
Nashville, TN 37219
(615)383-7421

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Winners and Losers of the New Tax Law

The Treasury Department issued guidance recently on parts of the the new tax laws passed in 2017. The Hill reports the new guidance will clarify aspects of the "pass-through" provisions in the law. The rules will seek to end certain tax-planning strategies that the Treasury Department views as improper, strategies that some taxpayers were examining as a way to potentially take advantage of the deduction. Included on the list of winners are bankers, real estate agents, chefs, web designers, electricians and plumbers. Lawyers, patient-seeing doctors, lobbyists and employees who wanted to become independent contractors are named as the losers under the new law.

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