Tax Structure For 2018 Completely Revamped

After talking about it for the most of the year, Congress completed a tax overhaul this week that will affect almost everyone and change tax strategies for the new year.  Most people will see a tax reduction and easier time completing their taxes for the 2018 tax year.  Click here for a summation on how the new tax law affects individuals and here for businesses.  Also, mileage rates for 2018 have been released.  Interest rates for Q1 of 2018 did not change from prior quarter.