The Most Significant Federal Tax Reform Legislation in Decades, The Tax Cuts And Jobs Act, Has Been Enacted

The most significant federal tax reform legislation in decades, known as The Tax Cuts And Jobs Act, has been enacted. The tax law changes are voluminous, but here are some highlights involving businesses and individuals that take effect in 2018: The tax rate for “C” Corporations has been dropped to 21%. The corporate alternative minimum tax […]