The New Tax Bill’s Impact on Individuals

On December 22, 2017 President Trump signed H.R. 1, known as the Tax Cuts and Jobs Act, into law making widespread changes to the Internal Revenue Code. These changes went into effect January 1, 2018, and it is no overstatement to say that this mammoth tax bill will have a significant impact on virtually every business and individual.

As a service to our clients and friends we have posted the following white paper on the new tax bill and it’s most significant impacts on individual taxpayers. We encourage you to review this information and contact our office in Williston (802.878.1963) or Rutland (802.775.7132) if you have questions or would like to schedule a strategy session to reduce your overall tax burden.

The view the white paper “The New Tax Bill: Impact on Individuals” please click here.

John W. Davis, Mandy Bradley, Bret L. Hodgdon, partners, Davis & Hodgdon Associates CPAs