
-
By:
-
by Tom Lisy, RPBG Director
Lisy Rentals
-
February, 2018
The recently passed Tax Cut and Jobs Act, signed into law on December 22, 2017, contains changes of major importance to all members of the Rogers Park Builders Group. The impact of these changes will vary greatly among members of our group, based on the organizational structure of their business, amount of property owned, number of employees (if any) and total taxable income of the individual business owner. Although it will take some time before tax professionals are able to assess the total impact of the new law on their clients, we can provide this brief synopsis of the major details that will affect us all: