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TOPIC 1: Starting in 2018, the new Tax Cuts and Jobs Act (TCJA) will eliminate or restrict many of the detailed deductions that were previously
TOPIC 1:
Starting in 2018, the new Tax Cuts and Jobs Act (TCJA) will eliminate or restrict many of the detailed deductions that were previously available to taxpayers. Choose a detailed deduction (select a different one from your classmates) and explain the requirements for this deduction before TCJA. How was this detailed deduction changed as a result of the new tax law? Do you agree with the changes?
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