10 Things Investors Should Know About Recent Tax Reform
Given the many questions recently arising on tax reform, Investment Consultant Tom Terhaar takes investors through a summary of what the changes mean for you.
While primarily reforming corporate tax law, there are a number of changes for individual tax payers.
Based on the newly enacted laws, over 80% of Americans should see a tax cut, while just 5% of taxpayers are expected to pay more (Tax Policy Center, Washington Post). In most cases, such cuts are expected to be modest; however, much will depend on your individual circumstances.
Thomas Terhaar, CFP®, ChFC®
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