Tax Cuts and Jobs Act
by Bianca Kowal on Dec 22, 2017
The Tax Cuts and Jobs Act legislation has been passed by Congress and awaits the president's signature. The Act makes extensive changes that affect both individuals and businesses. Click the link below to view some key provisions of the Act. 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 link below are generally for 2018.