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    Tax Reform Update - Trump Signs Tax-Cut Bill

    Posted by Jeff Kujawa on Dec 22, 2017 1:28:27 PM

    UPDATE-2.png

     
    President Trump has signed into law a massive tax-cut bill.

    Tax Cuts and Jobs Act provides the most comprehensive update to the tax code since 1986 and includes a number of provisions of particular interest to our clients. 

    Many changes go into effect on January 1, 2018. To see these changes, read our full document HEREA small handful of the changes discussed include:

    • Ordinary Income Tax Rate Brackets for 2018
    • Itemized Deductions
    • Estate and Gift Tax
    • Deduction for Qualified Business Income of Pass-Thru Entities

     

    You can view and download the full document: HERE. 

    Feel free to reach out if you have specific questions with regards to this blog.

    Topics: Tax Planning, brixey and meyer, planning, Tax, Tax Team, tax reform, Tax updates

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