Highlights of Changes

EFFECTIVE 2019

Congress in December of 2017 passed the Tax Cuts and Jobs Act (TCJA) that made sweeping changes to the tax laws. The issues impacting individuals and small businesses are included throughout this pocket tax guide. Some of those changes were not effective until 2019 as described below. In addition, a substantial number of the changes required the IRS to write regulations to provide clarification. A brief summary of the most significant changes follows. Read More