Framework for Tax Reform Announced

Estate Planning Alert

October 2, 2017

On September 28, the Trump Administration and the Republican Congressional leadership announced their framework for tax reform. Many of the crucial details have been left for Congress to decide, but the major points of the framework include:

For individuals:

For C corporations:

All of the details for this framework, except as noted above, will be negotiated over by Congress over the next few weeks, with the Congressional leadership anticipating completion of the work by the end of this month.