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Summary of Significant Changes under the Tax Cuts and Jobs Act of 2017

On December 22, 2017, President Trump signed into law a sweeping tax reform bill known as the Tax Cuts and Jobs Act of 2017 (“TCJA”) that introduced significant changes for individuals, corporations, and pass-through entities.1 This article summarizes some of the more significant changes made by the TCJA affecting U.S. corporations and pass-through entities.

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