Information Regarding the Proposed Tax Reform Legislation

Information Regarding the Proposed Tax Reform Legislation

by Bianca Kowal on Nov 27, 2017

On November 2, 2017, House Republicans released their comprehensive tax reform plan, the TaxCuts and Jobs Act. Then, on November 9, 2017, Senate Republicans released their own plan. The two plans have much in common, but also have significant differences. Some key provisions of these tax proposals are discussed in the link below. Of course, provisions may change as the legislation winds its way through Congress. Most provisions, if enacted, would be effective for 2018.