The Tax Cuts and Jobs Act was passed in December with many unanswered questions and ambiguities. You are likely to hear from us from time to time to give you updates when more guidance has been provided. The American Institute of CPAs as well as the head of the Ways and Means Committee has implored both Treasury and the IRS to provide immediate guidance on changes made by the act. We want to notify you of two issues that have come up in the last couple of months..