Recently, President Trump signed the Tax Cuts and Jobs Act, a new law that cuts the corporate tax rate from 35 percent to 21 percent beginning in 2018. The law also cuts income tax rates, doubles the standard deduction, and eliminates personal exemptions.
Read a Summary of the New Tax Law
This article* by Kimberly Amadeo of The Balance offers an itemized explanation of the changes instituted by the Tax Cuts and Jobs Act.... Take Me to THE ARTICLE
Learn How the New Law Personally Impacts You...
Call us at LoTurco & Company and we will conduct a No-Obligation, Complimentary Review of your taxes to determine how the new Act directly affects you.... Let’s Set an APPOINTMENT
*The content found at the links provided is from sources believed to be providing accurate information. This material is for eductional purposes only and is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.