House and Senate Conferees Sign and Release the Tax Cuts and Jobs Act Bill
The House and Senate conferees signed and released a Conference Agreement which reconciled the differences in their respective versions of the “Tax Cuts and Jobs Act” (H.R. 1), on December 15, 2017. The combined report is expected to be considered and voted upon by the full House and Senate before the end of this week. If approved, President Trump is expected to sign the bill into law before the Christmas holiday.
We are summarizing in this newsletter some of the key provisions for individuals and businesses as well as some international provisions.