Here’s the breakdown of how the final tax relief bill expected to pass Congress next week will affect individuals, families and businesses as released by the House and Senate Conference Committee.
How It Affects Individuals and Families
- Lowers individual taxes and sets the rates at 0, 10, 12, 22, 24, 32, 35 and 37 percent
- Increases the standard deduction from $6,500 and $13,000 under current law to $12,000 and…
Click here to read the rest of the story from our content source/partners – Chrisma News.