Republican Tax Reform Proposals

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With President Trump recently taking over the Oval office, it will be interesting to see how quickly his administration can advance proposed tax legislation through Congress; considering it was a top priority during his campaign.

Over the coming weeks, the Trump administration should submit their fiscal year 2018 budget to Congress, which ought to provide further details on his proposals.

To understand the implications of the current tax reform proposals from both President Trump and House Republicans, below is a summary of the key provisions impacting individual taxpayers.

For more information, please contact Anatoli Pilchtchikov at Apilchtchikov@aronsonllc.com.

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