Any accountants out there who are keeping up with Tax reform?

[nala]

I ask because if Trump's tax reform comes through as he had first indicated, I would pay more in taxes. It's hard to make financial plans when I'm in limbo. I realize accountants aren't privy to Trump's plans, but I'm wondering if according to federal laws, the reform would not affect 2017? IOW, what is the cut-off so that the changes do not affect 2017?

 

[AGBF]

I ask because if Trump's tax reform comes through as he had first indicated, I would pay more in taxes. It's hard to make financial plans when I'm in limbo. I realize accountants aren't privy to Trump's plans, but I'm wondering if according to federal laws, the reform would not affect 2017? IOW, what is the cut-off so that the changes do not affect 2017?

LLJsmom is an accountant. (I probably should remember who else is, but I do not.) Maybe she will chime in. However, what Trump proposes is not necessarily what will become law. Witness the health care proposals. Not to mention his transgender individuals in the military pronouncements.

AGBF