TCJA 2017 - What's in it for You?

The Tax Cuts and Jobs Act of 2017 represents the biggest change in tax law in over 30 years.  Mike Pharris, CPA, will go thru the various changes that impact everyone such as rate reductions and big changes in longstanding itemized deductions.  He'll also do some in-depth discussion in how the Qualified Business Income Deduction will work to deliver large tax savings to small business owners.  This brand new provision in tax law has the potential to shelter 20% of business income completely from tax but of course, it's never that simple.  Mike will try to shed some light on this and explain how small business owners can realize this benefit.