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*[co-author: Rachel Durbin] The Tax Cuts and Jobs Act (TCJA), which became effective on January 1, 2018, made significant changes to tax legislation that impacted individuals, families, business owners and companies. Some changes were intended to be permanent, but others will expire on December 31, 2025, unless Congress acts to extend them. Given this uncertainty, it is crucial to understand and prepare for what could lie ahead.
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
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