Ah, that fresh New Year smell is in the air. For many, the New Year is a fresh start to tackle those resolutions made either personally or for your practice. New personal goals, new business objectives and, of course, new changes to the tax code! That’s right; Congress passed the Tax Cuts and Jobs Act of 2017 on Dec. 20, 2017, which applies to years 2018–2025. This article will discuss the bigger picture income tax changes for both business and personal income taxes.