Tax Cuts and Jobs Act 2017

The Tax Cuts and Jobs Act of 2017 became law December 22, 2017. However, most of the changes are for tax year 2018, so taxpayers will not see the impact until they do their 2018 tax return in early 2019. There is time to do some tax planning to be ready for the new changes. The full version of the Bill can be found here: The Full Congressional Bill of Tax Cuts and Jobs Act 2017 .

A good summary of the Tax Cuts and Jobs Act of 2017 can be found at: Summary from The Watson CPA Group on the Tax Cuts and Jobs Act 2017.