Ep. 21: How the Tax Cuts and Jobs Act Will Change Business Taxes

On December 22, 2017 President Donald Trump signed the Tax Cuts and Jobs Act, the most significant legislation of his presidency. I review the changes to the corporate tax code in this second part of Bills with Luke Scorziell’s series on the Tax Cuts and Jobs Act. We compare the corporate tax rate to countries around the world and analyze the bill’s changes to business deductions. To round out the discussion, I provide and overview of some of the long-term and immediate effects of the legislation. … More Ep. 21: How the Tax Cuts and Jobs Act Will Change Business Taxes

Ep. 20: Tax Cuts and Jobs Act, Individual Tax Reform

On December 22, 2017 President Donald Trump signed the Tax Cuts and Jobs Act, the most significant legislation of his presidency. In the twentieth episode of Bills with Luke Scorziell, we dive into the details of the new law. Specifically, how the tax reform bill affects individual taxpayers. From the new tax brackets to the repeal of the individual mandate to the expanded child tax credit, we cover it all. Stay tuned for objective, well-researched analysis on the new tax code. … More Ep. 20: Tax Cuts and Jobs Act, Individual Tax Reform