Art Werner: Preparing for the Tax Cuts and Jobs Act to Expire | Quick Tax Tip

Quick Tax Tip  With Art Werner  CPE Today  As the end of 2024 draws closer, tax advisors and taxpayers should prepare for major changes that could significantly impact tax bills. Art Werner highlights an upcoming challenge: the scheduled expiration of the Tax Cuts and Jobs Act (TCJA), which was signed into law in 2017 and brought significant tax breaks and lower tax rates.Show notes here | More Art Werner here Like many tax laws, the TCJA was designed to "self-destruct," meaning its provisions will sunset at the close of 2025 unless Congress takes action.