Tax Reform Expected to Go into Effect Immediately

HousingWire, Dec. 19, 2017–Jacob Gaffney
Critics of the reform package say the burden will be too great to put the plan in place by the April deadline, but “Treasury Secretary Steven Mnuchin has suggested that the IRS will be ready to process the new tax forms in February and, in any case, the cuts will be back-dated to 1st January,” said Andrew Hunter, U.S. economist at Capital Economics.