Things you need to know for 2018

A slew of updates from the IRS and major tax reform passed by Congress could significantly alter your situation for the 2018 tax year.  The IRS unveils its changes each year, including cost-of-living adjustments for retirement savings and inflation changes for certain tax provisions.

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The Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act of 2017

The official name of the new tax law is “An act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.”  The unofficial name of the law is “The Tax Cuts and Jobs Act.”

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