The Tax Cuts and Jobs Act of 2017 (the “Act”) was recently signed into law and with it significant changes in the taxes our clients may pay. We will be providing a few summaries of some of the more substantial of these changes as well as some thoughts on how to...
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Month: December 2017
The Tax Cuts and Job Act of 2017 – Part II
Yesterday after our blog was posted the IRS issued a new advisory (IR-2017-210) saying that prepayments of property taxes not yet assessed will not be deductible on your 2017 tax returns. This goes beyond what the recent Tax Cuts and Jobs Act of 2017 (the “Act”)...
The Tax Cuts and Jobs Act of 2017 – Part I
The Tax Cuts and Jobs Act of 2017 (the “Act”) was recently signed into law and with it significant changes in the taxes you may pay. We will be providing a few summaries of some of the more substantial of these changes as well as some thoughts on how to respond to...