Corporate,
Government,
Tax
Dec. 20, 2017
Tax overhaul bill could make it to Trump’s desk this week
The Senate passed the Republican tax reform bill, the Tax Cuts and Jobs Act, early Wednesday morning. The House is expected to give final approval, sending the bill to the president's desk by the end of the week.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
The Senate passed the Republican tax reform bill, the Tax Cuts and Jobs Act, early Wednesday. The House is expected to give final approval Wednesday following a procedural snag requiring it to re-vote on the bill. The bill could reach President Donald Trump's desk by the end of the week.
Below is a summary of some of the major changes. Unless otherwise noted, changes are effective Jan. 1, 2018.
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