New act for taxpayers

“Surprises awaiting individual taxpayers when they file their 2018 returns, the first after the Tax Cuts and Jobs Act.” This will require you to find out what the major changes for individual were in the new act, to determine which might cause the biggest change in taxes, and to explain how these changes will affect taxpayers. You could organize this any way you want, but there are two easy forms of organization: (1) organize by type of change (e.g. SALT limitation) and describe how the change will affect various types of taxpayers or (2) organize by type of taxpayer (e.g. high income, business person) and tell what changes will affect them. This is not intended to be a comprehensive paper covering II changes for all taxpayers—pick those you find interesting or important.




Sample Solution