Wednesday, January 17, 2018
Are you ready for change? NOW is the time to prepare for tax reform, as every taxpayer will be affected by the new legislation beginning in 2018. Will you see an increase or decrease in your taxes? Will your tax return become simplified or more complicated? There’s no doubt that 2018 will bring new opportunities for tax savings and tax planning for you and your business. Below is a brief summary of some provisions in the Tax Cuts and Jobs Act. We will be monitoring the progress of this bill as the Internal Revenue Service will begin interpreting the provisions and providing guidance to taxpayers.