The new tax law, commonly called the “Tax Cuts and Jobs Act,” is the biggest federal tax law change in over 30 years. This SPECIAL EDITION Preview of the 2018 Tax Act is a quick recap of the most common question asked of tax professionals:
- What is this new tax law going to mean for me?
- How are business meals and entertainment deductions affected?
- How much can I deduct for a “luxury” car?
- Are itemized personal deductions affected?
Be informed, and take control of your taxes under the new rules!