TRUMP TAX BILL CHANGES
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act.
Congress wanted a Tax Return to fit on a post card. This simplification required over 400 pages being added to the tax code, along with a dozen new forms and schedules.
This marks the largest change to the tax code since President Reagan simplified things in 1981.
We estimate about 5% of our clients will be able to fit their tax return on the new post card.
Below are some of the changes:
Corporate Tax Rates:
The Kembel Tax Difference:
At Kembel Tax, our preparers spent a combined 160 hours in classroom training for these new changes. We take our responsibilities seriously and feel we are the most experienced at what we do.
Is this the year you want to trust DIY software? Is this the year to trust mascots to prepare your tax return? Make this the year you try Kembel Tax Service! We are trusted advisors and preparers. Rather than cubicles, we operate in real offices with walls and doors. We stay in touch throughout the year with newsletters and meetings to keep our clients up to date on the latest changes to the tax code. We are a phone call or email away if needed. Our tax prep fees include complimentary tax planning sessions throughout the year.