Zen’s Accounting Services is doing a series on the impact of the 2018 tax changes on individuals, businesses, and non-profits. In this introduction, a few of the topics are discussed and how they may affect you.

The 2018 tax change will bring significant changes to the standard deductions for individuals. But, just because the deduction allowance has increased, that doesn’t mean you will necessarily see large savings.

The 2018 tax bill is bringing significant changes to the tax rates for individuals. Cutting most rates and changing the brackets that individuals may fall in. This means individuals will have to understand where they fall to see how the tax bill will affect them.

With the changes to tax rates and brackets in 2018, it’s important to understand how it will effect you. In this video, we slowly walk through how your income level will effect your tax rate.

The 2018 tax changes will also effect which tax credits and deductions you can apply. In this video, we walk through some of the major changes to tax credits that you need to be aware of.

Zen Smith from Zen’s Accounting Service walks through how the 2018 tax change can effect individuals, head of household, and married filers.