President Trump signed the Tax Cuts and Jobs Act (H.R. 1) into law on December 22, 2017. The new law includes numerous proposals that affect individuals and businesses. A summary of certain provisions in the Tax Cuts and Jobs Act can be found in the Tax Reform Update section of the CW Associates, CPAs website, which will be updated as additional information and guidance is issued.
If you have any question or are interested in understanding how these provisions may impact your business, please contact CW Associates, CPAs at (808) 531-1040.