Broker Check

Tax Cuts and Jobs Act of 2017

Over the last few months, tax reform has been perhaps the biggest
legislative topic coming out of Washington. The House and Senate
worked through their proposals, and jointly produced the Tax Cuts and
Jobs Act of 2017. Now, just a few days before Christmas, President
Trump has signed the bill into law. 

As this bill becomes a law, it will mark the first major piece of tax
legislation affecting individuals and corporations since the Reagan
administration. While there are many pending changes to the tax code,
advisors and clients need to keep in mind that these go into effect
in 2018, and will not affect the upcoming tax season. However, the
new tax law is almost guaranteed to be a conversational piece in your
upcoming tax meetings. With that being said, this update is meant to
discuss the most pertinent topics of the Tax Cuts and Jobs Act.

Learn more