On December 22, President Trump signed into law H.R. 1, the “Tax Cuts and Jobs Act,” a sweeping tax reform law that will entirely change the tax landscape. The legislation reflects the largest major tax reform in over three decades.
Highlights of the provisions maybe found in the Tax Cuts & Jobs Act .
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Source:
- https://www.newsmax.com/politics/house-gop-tax-retreat/2017/09/21/id/814932/
- Thomson Reuters/Tax & Accounting