How the New Tax Law Will Affect Your 2018 Tax Return

The holidays came and went, and January is now finally here, and it is time to start thinking about completing and filing your 2018 income tax return. The Tax Cuts and Jobs Act (TCJA), passed by Congress on December 2017, has been the most sweeping change to our Tax Code in the Tax Reform Act of 1986. A majority of the changes made by the Act came into effect on January 1, 2018, which means that your 2018 tax return will change as well.