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Proposed Republican Tax Plan: How it Affects You

Republicans Move Forward on Tax Reform

The federal tax plan being proposed by the GOP is out now. There are some significant changes being proposed and they will affect all income levels differently.

The biggest thing to note are the proposed tax breaks, through deductions and tax credits; these change how much a person owes in taxes and each income level has a unique set of deductions and credits. The Washington Post has provided an interactive article so you can see how these changes could affect you and your income level.

A licensed, experienced accountant that knows tax law and can take advantage of deductions, credits, and exemptions on your individual or business tax return. At Boxelder Consulting, we will personally work with you to determine a way to file your taxes that best suits your interests. Our tax attorneys and licensed professionals are always available to answer any questions you might have. Feel free to contact or give us a call today. 

Follow the link to see how the Republican proposed tax plan would affect you:

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