In this episode of the Taxing Subjects Podcast, we are joined in the studio by Drake Software’s Olena Romanchuk, CPA to talk about how the Tax Cuts and Jobs Act and Bipartisan Budget Act of 2018 affect S corporations and partnerships.

The second in a series dedicated to discussing important TCJA changes, we also review some regulations that Olena believes will be important as we head into the Tax Year 2018 filing season—like the change in technical termination of partnerships.