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1920 GA Highway 81 SW
Loganville, GA 30052

Acuff Financial Services

(770) 554-8344

 

Tax Cuts and Jobs Act

By now I am sure you are aware that Congress on December 20, 2017 passed the most significant tax legislation bill since the Regan administration, known as the “Tax Cuts and Jobs Act.” Most of the tax law changes that this legislation imposes will be effective to the tax year 2018. However, there are some key tax law changes for 2017 that this legislation created. 2017 changes include, but are not limited to, the following: Expiration of the Residential Energy Credit, elimination of the Private Mortgage Insurance or (PMI) deduction, and tuition and fees deductions are now eliminated for education. The American Opportunity and Lifetime Learning Credit will stay in place.

For detailed information about how these tax law changes will impact you and your family please select the link below: