IRS Announces 2018 Tax Rates

Here are the provisions for the tax year beginning January 1, 2018 – that will be used to prepare tax returns in 2019.  These changes are due to the Tax Cuts and Jobs Act of 2017, signed by President Trump on December 22, 2017. Changes of note include those to the EITC, adoption credit and more.

To view this article, click the following link to access the original content.

https://www.forbes.com/sites/kellyphillipserb/2018/03/07/new-irs-announces-2018-tax-rates-standard-deductions-exemption-amounts-and-more/#772b4b243133