Tax Cuts and Jobs Act – Impact on Individuals
The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Below are some of the more important elements of the new law that have an impact on individuals. Unless otherwise noted, the changes are effective for tax years beginning in 2018 through 2025.
Individual Tax Overview, Click Here
State and Local Tax Deduction, Click Here
20% Deduction Qualified Business Income, Click Here
Home Mortgage Interest, Click Here
Child Tax Credit, Click Here
Alimony, Click Here
Qualified Tuition Programs (529), Click Here
Estate and Gift Tax Exemption, Click Here