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2019 was an eventful year that saw the IRS and Treasury issue a number of important regulations and other published guidance under the 2017 tax reform act. This Insight summarizes many of those developments and other tax issues and provisions. It also discusses approaches that taxpayers may consider to help maximize (in the case of positive provisions such as bonus depreciation) or minimize the impact of tax reform. With year-end approaching, taxpayers may want to review how these developments and approaches may affect their businesses.