Good News On The Economy And A Tax Alert

Published Friday, December 15, 2017 at: 7:00 AM EST

The U.S. Congress on Friday put the final touches on the biggest revision of the U.S. Tax Code since 1986, requiring immediate attention to reduce your 2017 tax liability before the year ends. While the exact timing was not yet set, the Tax Cuts And Jobs Act was expected to be ratified by majority votes by the Senate and House Congress next week and signed into law by President Trump before the end of the year. The new law provides $1.5 trillion in lower taxes over the next decade. It will eliminate or limit many deductions in 2018, creating many...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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