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Home 2017 December 24 34 things you need to know about the incoming tax law

34 things you need to know about the incoming tax law

It’s official. Congress has ushered through the first major tax overhaul since Ronald Reagan was president.
The measure, which President Trump signed into law on Friday, is about to shake up life for millions of Americans. It will redistribute the country’s wealth. It could sway decisions about whether to buy a home, or where to send kids to school. It could even affect when unhappy couples decide to get a divorce.

As the bill becomes law, here are 34 things you need to know.

Dec 24, 2017cleverfinance
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Comments: 1
  1. Sanda
    24th December 2017 at 8:43 pm

    Why is there no mention here about the equity loan interest being no longer deductible? Applied to existing loans, not just future loans as in the case of mortgages! It’s outrageous, my mortgage is an equity loan and I’m being deeply affected. What a lapse… in an otherwise good article.

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