Unless you are in the top 1% of income earners, you may pay MORE in taxes than you have ever paid before in 2018, due to Tax Cuts and the Jobs Act (TCJA).
From the Forbes article: “Trump Tax Plan Could Impact 2016 Year-End Planning” Donald Trump’s surprise victory first rattled markets, then invigorated them. It triggered protests, and in some circles, is even fueling a “CalExit” movement for California to break away from the union. But, it could invite some tax planning, too. Candidate Trump made no