Congress Passes Biggest Tax Bill Since 1986 – The Tax Cuts and Jobs Act (TCJA)

Congress passes biggest tax bill since 1986 On December 22, President Trump signed into law H.R. 1, the “Tax Cuts and Jobs Act,” a sweeping tax reform law that promises to entirely change the tax landscape. The bill makes small reductions to income tax rates for most...

The Tax Cut and Jobs Act (TCJA)

On December 22, President Trump signed into law H.R. 1, the “Tax Cuts and Jobs Act,” a sweeping tax reform law that promises to entirely change the tax landscape. Here is a quick rundown of some of the key changes affecting individual and business taxpayers. Except where noted, these changes are effective for tax years beginning after December 31, 2017.

Congress passes biggest tax bill since 1986

On December 20, the House passed the Tax Cuts and Jobs Act of 2017 (TCJA), which the Senate had passed the previous day. It’s the most sweeping tax legislation since the Tax Reform Act of 1986. The bill makes small reductions to income tax rates for most individual...

Key Provisions of the Tax Cuts and Jobs Act

On December 15, the Conference Committee—having reconciled and merged the differing House and Senate provisions into a single piece of legislation—released the “Tax Cuts and Jobs Act,” a sweeping tax reform proposal. Listed below is a quick reference of the Act's key...
SEARCH T.I.E. BLOG
Filter By

Categories

Archives

The Tax Cut and Jobs Act (TCJA)

On December 22, President Trump signed into law H.R. 1, the “Tax Cuts and Jobs Act,” a sweeping tax reform law that promises to entirely change the tax landscape. Here is a quick rundown of some of the key changes affecting individual and business taxpayers. Except where noted, these changes are effective for tax years beginning after December 31, 2017.

read more