Tax reform has arrived with some changes that could have a big impact on your bottom line. Itemized deductions have changed drastically with all of the new limitations and eliminations and with the standard deduction increasing to $24,000 for married individuals and $12,000 for all other taxpayers, it will become harder to meet the itemized deductions threshold than ever before. We have summarized some things you want may want to keep in mind on your tax returns beginning after December 31, 2017.
