Tax Reform

H.R. 1 Tax Reform – Highlights of the Key Items

The following charts set forth some of the provisions in H.R. 1, originally called the Tax Cuts and Jobs Act (the Act), as signed by President Donald Trump on December 22, 2017. The House version of the Tax Cuts and Jobs Act was approved by the House on November 16, 2017. The Senate version of the Tax Cuts and Jobs Act was approved by the Senate on December 2, 2017. The charts highlight only some of the key issues and are not intended to address all aspects of the legislation. If you have any questions, please contact your Andersen Tax advisor.