What the New Tax Bill Means for You

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Economy What the republican tax plan means for You, Your Investments and Your Industry A guide to the Journal’s best tax coverage

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The House passed a new tax bill on December 20th, causing a lot of uproar and anger for many. But what exactly is in this tax bill, and what does it mean for you? The most controversial aspect of this bill is the large tax cut for corporations. While there are some tax cuts for small businesses, the majority of the cuts will go to large.

What the New Tax Bill Means for You The enactment of the Tax Cuts and Jobs Act represents "the most sweeping overhaul of the U.S. tax code in more than 30 years." 1 For millions of Americans and businesses it means an altered financial and investment landscape with new opportunities and challenges in the years ahead.

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It also marks a milestone: The country has made it through a full year of President Trump’s new tax code – and the first filing season under the new rules. Trump and his fellow Republicans promised.

By using the site, you consent to the placement of these cookies.. What the tax reform bill means for individuals.. “qualified business income” means the net amount of qualified items of income, gain, deduction, and loss.

What the new tax law means for you. december 28, 2017 *Updated as of January 2, 2018. On December 22, President Trump signed into law a major overhaul of the American tax code.

What’s in Republicans’ tax plan and what it means for you. By .. ambitious and long-awaited tax bill thursday that seeks to simplify the tax code and reduce corporate rates, the latest step as.

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What the new tax law means for you. December 28, 2017. *Updated as of January 2, 2018. On December 22, President Trump signed into law a major overhaul.

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