Tax Cuts and Jobs Act

With the President signing the new bill in December there are a number of questions and concerns about how this will affect us and what will this do to our taxes.  I have compiled a few resources to help you out.  Go to my website at modestotaxes.com and hit the *NEW* tab. There you will find a calculator, a brief comparison and a more in depth comparison of the new laws and rates versus the old laws and rates.  Hopefully this will answer some of your questions.  And as tax season hits and we prepare your taxes for 2017 we will look ahead to 2018 and try to help you make adjustments as needed.