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Home Market Research Markets

7 Tax Breaks That You Can Kiss Goodbye Under Trump’s New Bill

by TheAdviserMagazine
4 months ago
in Markets
Reading Time: 1 min read
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7 Tax Breaks That You Can Kiss Goodbye Under Trump’s New Bill
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Perhaps the best-known campaign promise made by President Donald Trump is extending the tax cuts that started during his first term. A federal law created in 2017, called the Tax Cuts and Jobs Act, lowered federal income taxes in various ways, but most were temporary. Some key tax breaks are set to expire after this year — unless Congress acts. Extending sweeping tax cuts is not without cost…



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