Potential Implications Of The Tax Cuts And Jobs Act
Submitted by InFocus Financial Advisors, Inc. on January 10th, 2018
As most are aware by now, Congress voted last year to enact changes to our tax code that will take effect in 2018. This is the largest overhaul of the IRS code since the early 2000’s when the Bush tax cuts were enacted. With that being said, it appears as if the majority of the overhaul will affect corporations instead of the individual taxpayer.