Discussion Post
Access the Understanding Tax Reform section of the H&R Block website. Explore each of the six links: Income, Deductions, Family, Education, Healthcare, and Business. You are also encouraged to peruse the "Tax Reform Calculator" and/or "Tax Reform Resources."
Initial Post: Address both of the following topics. Include the topic numbers in your initial post.
• List at least two new and/or revised tax rules included in the TCJA that you believe will noticeably impact your individual tax return results for 2018 and beyond. For each tax rule identified, describe in your own words the "old" tax rule that used to apply and the "new" tax rule that is now in effect for 2018 and beyond. Briefly explain why you believe each tax law change is anticipated to have a noticeable impact on your individual tax return. Note: Please do not divulge any personal financial information in your discussion post.
• List at least one tax law concept included in the TCJA that you need to learn more about, either because you don't understand the rule or you're unsure how the rule will specifically impact your individual tax return.
List at least one tax law concept included in the TCJA that you need to learn more about, either because you don't understand the rule or you're unsure how the rule will specifically impact your individual tax return.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.