The Tax Cuts and Jobs Act is the largest piece of tax reform legislation in 30 years and was signed into law on Dec. 22, 2017. Although most of the legislation applies to tax year 2018, clients are already starting to ask their tax practitioners questions about the impact to their tax situation. For more information on how this tax reform could affect you or your small business, review the following. If you would like to schedule an appointment with a tax professional to compare 2017 & 2018 and find out what you need to do, schedule an appointment online.
• Infographic: How Tax Reform Impacts Your Clients
• Tax Reform Law: What Clients Should Know
• Policy Highlights