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6 Things Investors Need to Know About the New Tax Plan

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After weeks of headlines suggesting that new tax rules would make life harder on them, investors and retirement savers can breathe easier with the final tax bill. Many of the more significant proposals failed to make it in.

Still, there were some important changes, and it’s also worth taking stock of the key regulations that were left standing.

Here’s what changed for investors

The following items are set to take effect in the 2018 tax year, so for returns filed in April 2019. Keep in mind that plenty are slated to expire at the end of 2025 — and don’t count on them being renewed. Remember the so-called Bush tax cuts of 2001? They also had a sunset provision, and plenty of those laws never got extended, says Mark Luscombe, principal...

Continue reading on www.nerdwallet.com

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