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2017 Tax Reform Archives – Ansari Law Firm

IRS Tax

2017 Tax Reform Summary of Major Provisions

2017 Tax Reform Summary of Major Provisions Tax Rates 1. The Act has seven tax brackets (ranging from 10% to 37%): 10%, 12%, 22%, 24%, 32%, 35%, and 37%. 2. The 37% bracket would begin at: $600,000 for joint returns/surviving spouses (39.6% rate starts at $470,700 for 2017) 3. The…
Ansari Law Firm
January 2, 2018