The final days of 2017 brought significant changes to the tax landscape, when the Tax Cut and Jobs Act of 2017 was passed by both the House and Senate. The $1.5 trillion bill represents the biggest tax overhaul in 30 years, and it brought sweeping changes to the tax code – including significant, lasting cuts for corporations and lower taxes for individuals, at least until the provisions are scheduled to expire in 2025.

We want to share with you some of the key points and numbers from the bill, as compiled by the BAM ALLIANCE. This overview offers a look at the new tax brackets for single and joint filers as well as for trusts and estates and at other notable highlights of the bill.  Click here to learn more.

 

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