This week Congress passed the largest piece of tax reform legislation in more than three decades. The bill will affect the taxes of most taxpayers, but it’s important to keep in mind that for most people, the bill does not affect their taxes for 2017 (the ones they file in 2018). Here are a few common tax scenarios that compare tax year 2017 vs. tax year 2018.
Stay tuned to the Tax Reform Hub for the latest news and insights about the tax reform law.