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Looking Ahead... Tax Reform in 2018 by Jack Cohen CPA
Congress has passed tax reform that will take effect in 2018, ushering in some of the most significant tax changes in three decades. Here are some of the most significant items in the new bill that impact individual taxpayers...
- This article outlines changes to: Tax Brackets, Standard Deductions, Itemized Deductions, Above-the-Line Deductions, Alternative Minimum Tax, Tax Credits, Estate Tax, Pass-through business taxes and more
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About Jack Cohen (Author of February 2018 featured article)
Jack Cohen has spent his entire career involved with federal taxes. Jack had an exceptional career at the Internal Revenue Service (33 years) where he managed some of the largest corporate audits in the nation. For his work as a manager in the Large and Mid-sized Business Division, he was given the David Bernard Award in 2006, which is emblematic of employee of the year nationwide within the division.
In his next position as Director of Tax and Accounting at Integrated Tax Solutions, a Nevada company instrumental in assisting the formation of new businesses as well as minimizing taxes for existing clients, Jack recognized the potential for a more personalized and straightforward tax service.
Jack is licensed as a CPA in Nevada, Pennsylvania and New Jersey. He is also a licensed real estate broker in Pennsylvania.
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