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2018 TAX CUT IMPORTANT HIGHLIGTHS

THE 1040-2018 INDIVIDUAL TAX RETURNS NEW RATES ARE AS FOLLOWS:
  • 10%,, 12%, 22%,, 24%, 32%, 35%, and 37%

THE 1120-2018 CORPORATE TAX RATE:
  • 21% FLAT RATE 
  • CORPORATE AMT (Alternative Minimum Tax) has been eliminated. 

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