Video Overview on the Tax Cuts and Jobs Act for Individuals
Webinar recording on The Tax Cuts and Jobs Act and its Impact on Individuals (February 28, 2018)
The new tax law is now in effect for 2018. How does the new law impact individuals? Terry Cicero gives an overview in an easy-to-digest webinar.
DHJJ’s Terry Cicero leads the webinar and goes over the major changes for individuals, such as the new tax rates, standard deduction, exemptions, child tax credit, itemized deductions, and other changes. The webinar ends with several examples on how the new tax law can impact your own unique situation.
0:40 – Tax Cuts and Jobs Act Introduction
2:05 – Tax Rates & Brackets (Prior Law and New Law)
4:08 – Prior Law and New Law Comparison
5:52 – Capital Gains and Qualified Dividends Rates
6:46 – Alternative Minimum Tax (AMT)
8:16 – Standard Deduction & Exemptions
11:36 – Child Tax Credit & Family Tax Credit
13:36 – Itemized Deductions – State and Local Tax (SALT)
14:51 – Mortgage Interest
16:39 – Charity
17:30 – Other
19:31 – Why did people prepay property tax in 2017?
21:26 – Deduction Planning
23:25 – Other Changes & Provisions
24:33 – Tax Rates & Brackets for Trusts & Estates
24:46 – Estate and Gift Tax
25:27 – Individual Examples & Cases
View our webinar on the Tax Cuts and Jobs Act Impact on Businesses
How DHJJ Can Help
Contact us if you’re ready to speak with a DHJJ Financial Advisor. DHJJ will continue to host webinars and provide content on the new tax law. Please sign up for our monthly newsletter and invites to stay on top of the changes impacting you and your family.