Synopses & Reviews
Synopsis
If you want to know how the tax reform bill which recently passed as the Tax Cuts and Jobs Act of 2017 ("TCJA") Public law no. 115-97 will affect you, this book is for you. This book contains comparison charts of various scenarios showing how much you will pay in federal taxes under the current tax system and under the new system. All you have to do is select one of the charts that closely resembles your own income level, filing status and the total itemized deductions you claim. The calculation of the individual federal tax is shown on the bottom of each chart. The charts apply to individual taxes only, not business taxes.