There are differences between the tax reform provisions proposed by the House and Senate. More changes are likely to occur as the Senate votes on its version in the next several days. Then, there must be a reconciliation of differences before we finally see the Tax Cuts and Jobs Act head to the President's desk for signature.

Western CPE instructor, Mark Mirsky has provided us with a summary of the differences for both businesses and individuals.

View Summaries (PDF)
Tax Cut and Jobs Act of 2017 - Business Proposals
Tax Cut and Jobs Act of 2017 - Individual Proposals

Update: The tables below have been updated with the latest information available, as of 12/2/2017.