In case you’re not sick and tired of hearing about the pending tax reform yet, we’ve uploaded an updated summary of the more common individual and business provisions of the House and Senate tax bill. Both versions will now need to be tweaked and revised to come up with a single piece of legislation. This negotiation process is supposed to start taking place tomorrow. Once a joint bill is approved by both “sides”, the bill will be sent to the President for signature. So we still have a way to go yet with more changes to come.
If you should have any questions, please don’t hesitate to give us a call or send us an email. We’ll keep you apprised as the tax reform process proceeds. Stay tuned…….2017 Tax Reform Proposal Summary as of Dec 2, 2017