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