The Trump administration’s new tax reform bill was signed into law in December of 2017, representing the first major tax change in over 30 years. The changes are significant and are likely to affect nearly everyone in some measure; some positively, while others may find themselves with a higher tax bill in 2018.
It’s the largest sweeping tax reform in decades and it’s packed with some complexity. But for individuals and families, Bradford delivers these important highlights of the Tax Cuts and Jobs Act.
Let’s start with a few important areas unaffected by this reform: