Description

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At the end of 2017, Congress passed the biggest tax plan since 1986. Whether you were for or against the sweeping overhaul, the Tax Cuts and Jobs Act will begin to affect individuals and businesses as early as January 2018. Yet, until now, relatively few people have had access to it or read it.

Whether you file on your own, use someone to prepare your taxes, or you are an accountant yourself, to really understand how the bill will affect you means you must dig in. And having this complete resource, including the full text of the bill, will help you navigate its complexities. From dramatic reductions in taxes for corporations and other businesses, to an increase to standard individual deductions, there are many changes that Americans need to understand before the IRS comes calling.

With insider analysis and insight from Patricia Cohen, who covers the national economy for the New York Times and whose front-page stories on this topic informed a nation, as well as specific tips from Michael Cohn, editor-in-chief of AccountingToday.com, this is an indispensable reference.

About the Author

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Patricia Cohen covers the national economy for the New York Times. An award-winning reporter, she worked for the Washington Post, Rolling Stone, Newsday, and New York Newsday. She is the author of In Our Prime: The Fascinating History and Promising Future of Middle Age.

Michael Cohn is the editor-in-chief of AccountingToday.com, and has been covering business and technology since 1985. Prior to joining AccountingToday and WebCPA, he worked for Red Herring, Internet World, Beyond Computing, Accounting Technology, and PC Magazine.