A Review of the Tax Cuts & Jobs Act of 2017
The largest expense most people will pay in their lifetime, by far, is income taxes. In December 2017, Congress passed the Tax Cuts and Jobs Act, a dramatic change to the U.S. tax code.
Virtually all taxpayers are affected by the changes in the tax reform legislation. The income level of individual tax brackets has been adjusted, tax rates were lowered, the standard deduction was increased, and personal exemptions and itemized deductions were changed. However, many people have trouble visualizing exactly what those changes mean for their individual circumstances.
We created this white paper reviewing the Tax Cuts and Jobs Act of 2017 to serve as a handy guide that helps you understand the major changes and what that could mean for your tax bill. Fill out the form to receive your complimentary guide.