By Jonathan Nickow
The beginning of a brand new 12 months is the proper time to overview your shoppers’ planning paperwork and replace them in mild of federal tax reform, new state tax legal guidelines and new household conditions.
If the flip of the calendar 12 months doesn’t encourage your shoppers sufficient to create or overview their plans, the Tax Minimize and Jobs Act (“TCJA”) ought to, as there are numerous adjustments to the tax legal guidelines enacted final December 2017. Listed here are some key factors for shoppers to bear in mind.
Jonathan Nickow is an Analyst at Summit Path Advisors in Chicago.