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Tax Cuts and Jobs Act: Impact on Individuals

 

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act, a sweeping $1.5 trillion tax-cut package that fundamentally changes the individual and business tax landscape. Some of the major changes included in the legislation that affect individuals are summarized in the link to the document here. These changes create tax planning opportunities. Please consult with your tax adviser to discuss how you can maximize your tax savings.