Highlights of the Tax Cuts and Jobs Act

Wondering how the Tax Cuts and Jobs Act will affect you? Our team has put together three guides highlighting the major changes that will take place for individuals, businesses, and estates and trusts. You can download the guides here:

Click Image to Download the Business Tax Guide

Click Image to Download the Individual Tax Guide

Click Image to Download the Estate and Trust Tax Guide

Business Tax Changes:

• Corporate Tax Rates
• Qualified Business Income
• Qualified Opportunity Zones
• Net Operating Losses and Excess Business Loss Limitations
• Miscellaneous Business Provisions

Individual Tax Changes:

• Individual Ordinary Income Tax Rates for Single and Married Taxpayers
• Capital Gains and Qualified Dividend Tax Rates
• Alternative Minimum Tax Changes
• Changes to the State and Local Tax Deduction
• Changes to the Mortgage Interest Deduction
• Child & Family Tax Credit
• Retirement Plan Changes

Estate and Trust Tax Changes:

• Basis of Property Acquired from a Decedent §1014
• Tax Brackets for Trusts and Estates

Any questions? Feel free to contact us to learn more about how the TCJA could be affecting you.

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