SCHEDULE NOW

​(856) 335-3234

LAUREN R. THOMPSON, CPA, CFP, MBA

laurenthompson@FlashTaxNJ.com


​Taxes Simplified

(856) 335-3234

Individual Tax Reform Changes

The recently enacted Tax Cuts and Jobs Act (TCJA) has finally been signed into law. I have been
monitoring the changes along the way - and there have been MANY revisions. I understand that many
of you have questions and concerns as to how your personal tax situation will be impacted by the new
legislation, and whether or not there is anything you can do now to mitigate the damage. I will highlight
some of the more important elements of the new law that have an impact on individuals below. Unless
otherwise noted, the changes are effective for tax years beginning in 2018 and are set to expire in
2025.​