The Tax Cuts and Jobs Act legislation has been passed by Congress and awaits the president's signature. The Act makes extensive changes that affect both individuals and businesses. Some key provisions of the Act are discussed below. Most provisions are effective for 2018. Many individual tax provisions sunset and revert to pre-existing law after 2025; the corporate tax rates provision is made permanent. Comparisons below are generally for 2018.
Personal Finance
Tax Cuts and Jobs Act (TCJA) Investment Implications
The Tax Cuts and Jobs Act (TCJA) has been passed by Congress and should be signed into law soon by President Trump. The primary focus of the TCJA is the structural changes to the business side of the tax code. We remain encouraged by many of the law’s provisions that would positively impact economic growth and stock values.
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