7 Impacts from the Tax Code Change with Financial Planning

Thanks to digital outlet, Financial Planning, for featuring a column written by our own Phil Mitchell on the 7 biggest impacts from the tax code reform.

7 biggest tax code change impacts:

1. Limitations on state and local income tax deductions

2. Charitable giving impacts

3. Entertainment expenses are no longer deductible

4. Loss of the misc deduction

5. Change in qualified business incomes

6. Tax return preparation is more complicated

7. Use these changes as an opportunity

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