Lasting and transformative tax relief

A staggering 13 billion dollars. More than the value of the entire “Star Wars” franchise. That’s the minimum amount taxpayers will save under the recently-passed Tax Cuts and Jobs Act now that lawmakers have made compliance with the U.S. tax code less of a chore. Taxpayers will now also save an estimated 210 million hours of time they used to squander on the clumsy 1040 “long form.” Lighter paperwork burdens like these will begin showing up in other portions of the tax code for businesses and individuals as the new law is implemented.

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