Overview
The IRS launched www.irs.gov/tax-reform, a new web page intended to provide easy-to-access information about the Tax Cuts and Jobs Act. The page features three areas designed specifically for individuals, businesses, and tax-exempt entities. At launch, under the Tax Exempt Entities tab, the page contains copies of Notice 2018-67 and Notice 2018-55, providing guidance relating to unrelated business taxable income and the excise tax on endowments of certain colleges and universities, respectively.