What If the Trump Tax Cuts Expire?

The 2017 Tax Cuts and Jobs Act (TCJA) was the most consequential tax legislation signed into law since the 1980s. However, to comply with the budget reconciliation process used to create the law, many of the TCJA’s provisions were made temporary. The law’s future is uncertain, with most of the expiring provisions scheduled to sunset after December 31, 2025. The new Congress and President Donald Trump will decide the fate of each expiring provision. Read Full Article »