With a new year comes new rules; tax rules, that is. The year of 2017 has unveiled a few changes in tax laws that could potentially affect a majority of tax payers. Worried you're one of them? Here's a quick article about the new 2017 tax laws that discusses what has changed and how these changes could potentially impact you.
A new proposal from the new President of the United States is deemed "politically challenging" by New York Times, stating that the changes presented in his plan would authorize "the most sweeping changes to the federal tax code in decades." President Trump, himself, describes the tax cut plan as a "revolutionary change" that would allow the "everyday American worker" to be the "biggest winner." From the President's proposal to the plans' framework, this New York Times article will tell you everything you need to know about the suggested tax plan and how you could be affected.