2018 Tax Planning & Tips

2018-12-19T21:20:38+00:00

New Tax Laws   On December 22, 2017 President Trump signed into law the “Tax Cuts and Jobs Act” (TCJA) (P.L. 115-97). Below are some of the individual changes under the new law.  Keep in mind that some of the tax provisions of this new law are permanent, however, most of the tax provisions only apply to for tax years 2018 - 2025. Standard Deduction Increased.  For tax years beginning after December 31, 2017 and [...]