Examine three significant changes brought forth by tax cuts

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Question 1: Summarize the purpose of the Tax Cuts and Jobs Act and explain the main objective(s) for its implementation.

Question 2: Examine three significant changes brought forth by the Tax Cuts and Jobs Act and discuss at least two advantages and/or disadvantages of each.

Question 3: Analyze the impact that each of the three significant changes has on the taxpayer as an individual and a family.

Question 4: Recommend tax planning strategies to maximize tax savings based on the three significant changes identified. Provide a rationale.

Reference no: EM132705457

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