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Tax Cuts and Jobs Act Update

Tax Cuts and Jobs Act Update

December 27, 2017

Consult your tax advisor to see if you should address strategies by year end.

The Tax Cuts and Jobs Act legislation was signed into law on December 22, 2017. The Act makes extensive changes that affect both individuals and businesses. Some key provisions of the Act are discussed in this Tax Cuts and Jobs Act Update. Most provisions are effective for 2018. Many individual tax provisions sunset and revert to pre-existing law after 2025; the corporate tax rates provision is made permanent. Comparisons in the update are generally for 2018.

CLICK HERE to read the update.