Tax Law and News Infographic: How Tax Reform Impacts Your Clients Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Intuit Accountants Team Modified Feb 8, 2018 0 min read The Tax Cuts and Jobs Act (summary of changes) is the largest piece of tax reform legislation in 30 years and was signed into law on Dec. 22, 2017. Here are a few common tax scenarios that compare tax year 2017 to tax year 2018. Stay tuned to the Intuit® ProConnect™ Tax Reform Resource Center for the latest news and insights about tax reform. Resources Policy highlights Joint explanatory statement Legislative text Editor’s note: This infographic was originally published on Jan. 16 and was updated on Jan. 31 to reflect updated information about the impact tax reform will have on your single self-employed clients. Previous Post Basis in the World of Tax: Property, Part 3 Next Post How to Handle W-2 Slip-Ups Written by Intuit Accountants Team The Intuit® Accountants team provides ProConnect™ Tax, Lacerte® Tax, ProSeries® Tax, and add-on software and services to enable workflow for its customers. Visit us at https://proconnect.intuit.com, or follow us on Twitter @IntuitAccts. More from Intuit Accountants Team Comments are closed. Browse Related Articles Practice Management Transforming your tax firm for the future Advisory Services Measuring your firm’s ROR Tax Law and News Pass-through entity taxation for business growth Tax Law and News August 2024 tax and compliance deadlines Practice Management Tech lag named top risk in QuickBooks® survey Practice Management 4 key factors for choosing new tax software Practice Management S corporation basis tracking in Intuit® Tax Advisor Grow your practice Maximize revenue without chasing new leads Tax Law and News IRS aims to close tax loopholes for wealthy Tax Law and News Update: Tax breaks for victims of natural disasters