Last Week the GOP unveiled details of their new tax reform bill. Donald Trump has promised an overhaul to the American tax system and if the 429 page “Tax Cuts and Jobs Acts” is passed, he will have delivered. The details of the bill were confusing upon it’s initial release and I’m sure there is still some confusion out there. Being a professional tax preparer I feel it is important to understand the potential impending changes and how it will affect your life going forward.
The 45th President of the United States has been in the spotlight for his antics long before he became the leader of the free world in November of 2016. Donald Trump has been more than controversial thus far during his tenure. His words in addition to his actions have had monumental effects on Americans lives, specifically economics. The good news is there is plenty of opportunity to capitalize while the man known as the “CEO” President is in office.