Highlights of the tax reform law
The new tax reform law, commonly called the “Tax Cuts and Jobs Act” (TCJA), is the biggest federal tax law overhaul in 31 years, and it has both good and bad news for taxpayers.
Below are highlights of some of the most significant changes affecting individual and business taxpayers. Except where noted, these changes are effective for tax years beginning after December 31, 2017.
Getting Organized Now
Just like with your routine check ups to the doctor and the dentist to make sure you are on track with your health and not thrown a curve ball with an ailment looming, a trip to an accountant can offer the same peace of mind for your financial health.
IRS Gives Tax Relief to Victims of Hurricane Irma; Like Harvey, Extension Filers Have Until Jan. 31 to File;
Additional Relief Planned
Hurricane Irma victims in parts of Florida and elsewhere have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. Learn more here: