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New Tax regulations

There are headlines pro and con about President Trump’s proposed new tax law. I don’t know the details and, even if I did, things will certainly change between the proposed legislation and whichever bill is eventually reconciled and passed. I remember the last big tax change in 1986 and, if this is as big a change as that one was, there will be a long shakeout period.  We’ll see.  In any event, the bill won’t be retroactive so your 2017 tax return will probably be along the same lines as your 2016 return.

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Jon Rosenberg

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