Tag: tax law

Loading...

Funding for many government agencies expired at midnight on Friday, which triggered a partial shutdown of the federal government. The IRS is affected by the shutdown because it is not already funded through September 2019. The IRS, having dealt with workforce and budget cuts since 2010, is already stretched thin with implementing the December 2017 tax reform law in time for the…

Loading...

The Tax Cuts and Jobs Act is the most sweeping update to the U.S. tax code in more than 30 years. The reforms will simplify taxpaying for many individual Americans, lower taxes on individuals and businesses, and update the business tax code so that American corporations and the people they employ can be globally competitive…

Related Posts