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Part III - President Trump's Tax Bill - How Does It Affect You?

  • Broadcast in Entrepreneur
New Africa Business Association-DC

New Africa Business Association-DC


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      Our special guest speaker, Gina Baker-MBACPA Baker's Accounting, LLC along with Attorney Shelore Williams specializing in Estate Planning and Probate.

Topic of Discussion: Some Proposed Tax Changes

(1) Replace (7) personal tax brackets.

2.) Head of household filing status eliminated

3.) Standard deduction increased, exemption(s) eliminated

4.) Alternative Minimum tax - eliminated

5,) Business - Corporation Income tax rate change

6.) Interest Income, Capital gain tax