by john myrick
The tax reform act signed at the end of 2017 made substantial changes to the tax code, and those changes will have an important — and generally positive — impact on the mining industry. The act is commonly referred to as the Tax Cuts and Jobs Act (TCJA), although that short title was stripped from the bill before it was passed. But because the actual title is 21 words long — far more than a mouthful — and no simple alternative has gained widespread support, the short title continues to be used, even at times by the U.S. Internal Revenue Service (IRS).
