President Trump has signed the “Tax Cuts and Jobs Act” (H.R. 1) that was approved by the Senate and the House. The bill is massive and contains many tax law changes, some of which are extremely complex. The majority of the provisions will go into effect in the tax year beginning January 1, 2018.
The following special edition tax alert covers the highlights of tax reform for individuals and businesses.
Click here to view Highlights of the Tax Reform Bill
If you have any questions or would like to discuss your specific tax needs, please contact our tax professionals at taxalerts@windes.com or 844.4WINDES (844.494.6337).
Learn more about our Tax & Accounting Services practice