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Taxation and Business Consulting. Providing clients with a reliable source for all of their personal tax compliance and tax planning needs.

About Us

Taxation and Business Consulting. Providing clients with a reliable source for all of their personal tax compliance and tax planning needs.

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What the tax reform bill means for individuals

The Tax Cuts and Jobs Act, H.R. 1, agreed to by a congressional conference committee on Friday and expected to be voted on by both houses of Congress during the week of Dec. 18, contains a large number of provisions that would affect individual taxpayers. However, to keep the cost of the bill within Senate budget rules, all of the changes affecting individuals would expire after 2025. At that time, if no future Congress acts to extend H.R. 1’s provision,