Insights

On November 2, 2017 the U.S. House of Representatives and House Ways and Means Committee issued a draft of its long-awaited tax reform legislation for individuals and businesses in the Tax Cuts and Jobs Act (HR 1).

The IRS issued Notice 2017-64 announcing cost-of-living adjustments affecting dollar limitations for tax-qualified retirement plans and other retirement-related items for the 2018 tax year.

Gone are the days when we heard the word “fishing” and looked forward to a day on the lake, when a “hack” was another name for a trick or shortcut that increases productivity and efficiency, or when the “web” referred to a spider’s handicraft in our basement.