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3 Ways Tax Reform May Affect College Savings By: Bret Kaye, CFP & Peter Holland, CFP NOVEMBER 10, 2017The long awaited House tax reform plan, The Tax Cut and Jobs Act, was released in draft form last
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Anyone who is required to pay taxes or is eligible for potential tax deductions and credits can benefit from understanding and implementing the 3 ways tax reform. This includes individuals, businesses, and organizations that are subject to tax laws and regulations.
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What is 3 ways tax reform?
3 ways tax reform refers to the changes made to the tax system in three different areas such as income tax, corporate tax, and sales tax.
Who is required to file 3 ways tax reform?
All individuals and businesses that are subject to income tax, corporate tax, or sales tax are required to file 3 ways tax reform.
How to fill out 3 ways tax reform?
To fill out 3 ways tax reform, individuals and businesses need to gather all necessary financial documents, complete the required forms accurately, and submit them to the tax authorities.
What is the purpose of 3 ways tax reform?
The purpose of 3 ways tax reform is to simplify the tax system, promote fairness, and stimulate economic growth.
What information must be reported on 3 ways tax reform?
On 3 ways tax reform, individuals and businesses must report their income, expenses, deductions, and credits accurately.
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