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What are the tax reliefs available under the new 2018 tax reform law?
Dec 20, 2018 - 5:00 PM - by TaxGuru
"Congress has passed the largest piece of tax reform legislation in more than three decades. The bill went into place on January 1, 2018, which means that it will affect the taxes of most taxpayers for the 2018 tax year."

Lower Tax Rates and Changed Income Ranges

The bill retains the seven tax brackets found in current law, but lowers a number of the tax rates. It also changes the income thresholds at which the rates apply.

The... [Read More]
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