President Donald Trump signed the $1.5 trillion tax overhaul into law on Friday, December 22, 2017. Starting next year, the new law will give big cuts to corporations and wealthy Americans and more modest reductions to other families. Trump continued to pitch it as a win a for the middle class, insisting that even though polling indicates the tax cut is unpopular, “the numbers will speak” for themselves. The new law marks the largest change in US Income tax laws since 1986, but far from the biggest in American history, as the president repeatedly claims. Nonetheless, practitioners need to know what’s in it, and how it affects your bottom line and your client’s bottom line. The first major overhaul of the nation’s tax laws since 1986 could add $1.5 trillion to the national debt over the next decade, according to the Congressional Budget Office.
Articles and Publications
- No Custodian of Records Certificate – No Problem? – By: Elizabeth J. McInturff, Esq.
- “Civil unions: Not so easy to walk away from” By: Elizabeth J. McInturff, Esq.
- “Family formation in a post-Roe world: A rise in second-parent adoptions?” By: Elizabeth J. McInturff, Esq.
- “Specific issue evaluations, and when are they needed?” By: Elizabeth J. McInturff, Esq.
- “Crypto: The new way to hide money under the mattress” By: Elizabeth J. McInturff, Esq.
- “Opening the door to de facto parenthood” By: Elizabeth J. McInturff, Esq.