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To say that the new tax code is complicated would be an understatement. The final bill, which was signed by President Trump on December 22, 2017, is more than 500 pages long. Not to mention, the changes are substantial and currently in effect for the 2019 tax season. We have simplified and highlighted five notable changes for personal taxes:
This is just a small selection of the many upcoming tax changes. To learn more about personal tax changes, visit Investopedia. To learn more about corporate tax changes, visit our blog section on taxes or our Tax Page.