Tax Cuts & Jobs Act–Highlights of New Tax Bill

December 27th, 2017 at 5:45 PM

POLICY HIGHLIGHTS

The Tax Cuts and Jobs Act (H.R. 1) overhauls America’s tax code to deliver historic tax relief for workers, families and job creators, and revitalize our nation’s economy. By lowering taxes across the board, eliminating costly special-interest tax breaks, and modernizing our international tax system, the Tax Cuts and Jobs Act will help create more jobs, increase paychecks, and make the tax code simpler and fairer for Americans of all walks of life.

With this bill, the typical family of four earning the median family income of $73,000 will receive a tax cut of $2,059.

For Individuals and Families, the Tax Cuts and Jobs Act:

FOR JOB CREATORS OF ALL SIZES–THE TAX CUTS AND JOBS ACT:

FOR GREATER AMERICAN ENERGY SECURITY AND ECONOMIC GROWTH, THE TAX CUTS AND JOBS ACT:

Please feel free to contact me concerning the new tax brackets, and the effect it will have on YOUR taxes.

Mark S. Fineberg, CPA

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