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THE TRUMP TAX PLAN:
How Will It Affect You?
Recently, President Trump signed the Tax Cuts and Jobs Act, a new law that cuts the corporate tax rate from 35 percent to 21 percent beginning in 2018. The law also cuts income tax rates, doubles the standard deduction, and eliminates personal exemptions.
Read a Summary of the New Tax Law
This article* by Kimberly Amadeo of The Balance offers an itemized explanation of the changes instituted by the Tax Cuts and Jobs Act.
Take Me to THE ARTICLE
Learn How the New Law Personally Impacts You...
Call us at LoTurco & Company and we will conduct a No-Obligation, Complimentary Review of your taxes to determine how the new Act directly affects you.
© 2022 LoTurco & Co, 1040 Hempstead Tpke., Franklin Square, NY 11010 | PHONE 516-358-9455 | Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. LoTurco & Company and LPL Financial are separate entities. LPL Financial and its representatives do not provide tax or legal advice. Tax advice provided solely by LoTurco & Company.
Edward LoTurco and Benjamin LoTurco are Registered Representatives. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following state: NY.