The Tax Cuts and Jobs Act (TCJA), passed in 2017, is a law that lowered taxes for most Americans and businesses saving the average American $1,500 annually. These tax cuts are set to expire in 2025. If Congress doesn’t act, many families and businesses could face higher taxes, which would slow economic progress. Extending the TCJA means more savings for families and businesses, helping to keep the Wyoming economy strong.
Use this calculator to figure out how much the Tax Cuts and Jobs Act (TCJA) saved you and your family last year!