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The New Tax Law – What Businesses Can Expect

By: John P. Bennecke |

 

 

 

In late December, Congress passed the biggest overhaul of the U.S. tax system in more than 30 years. Known as the Tax Cuts and Jobs Act, it will impact virtually everyone paying taxes in America, including individual filers up through the largest corporations.

As the changes unfold, Crain’s Custom Media asked three Chicago-based tax professionals for their thoughts on some of the law’s implications for businesses and business owners.

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