Christine Hradsky No Comments

Tax Reform Law: Topics of Special Interest for Individuals

Individual Taxpayers

Here’s a look at some of the law’s fine print, including how it will affect the individual health care mandate, the kiddie tax and various tax deductions.

As you’ve heard by now, the Tax Cuts and Jobs Act (TCJA) includes a number of changes that will affect individual taxpayers in 2018 and beyond. Significant attention has been given to the reduced tax rates for most individuals and the new limit on deducting state and local taxes. But there is more to the story. Here’s a summary of some of the lesser-known provisions in the new law. Read more