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Summarize the purpose of the Tax Cuts and Jobs Act and explain the main objective(s) for its implementation

Business May 25, 2021
  • Summarize the purpose of the Tax Cuts and Jobs Act and explain the main objective(s) for its implementation.
  • Examine three significant changes brought forth by the Tax Cuts and Jobs Act and discuss at least two advantages and/or disadvantages of each.
  • Analyze the impact that each of the three significant changes has on the taxpayer as an individual and a family.
  • Recommend tax planning strategies to maximize tax savings based on the three significant changes identified. Provide a rationale 
  •  find at least three academic resources 

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