Home / Columns and Features / Individual income tax reform: The impact on Rochester residents (access required)

Individual income tax reform: The impact on Rochester residents (access required)

On Dec. 22, 2017, President Donald Trump signed into law the most radical reshaping of the income tax system since the Reagan era. Trump had reportedly told Congressional leaders that he wanted to name the bill the “The Cuts, Cuts, Cuts Act,” but for many residents of high-tax states, it is reported to be anything but. This ...

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Opportunity zones can benefit Rochester area (access required)

Taxpayers that invest capital gains in Rochester real estate and businesses may be eligible for significant tax benefits under a ...