On June 27, The Kelly Group and Kelly CPAs and Consultants hosted an educational seminar for more than 100 clients and their guests on the tax changes resulting from the Tax Cuts and Jobs Act. Presenter Chuck Wienckowski addressed the new change law provisions that fundamentally change the individual and business tax landscape. These changes, which mostly take effect in 2018, include changes to marginal income tax brackets and the alternative minimum tax, limits on common itemized deductions, and very complex new 20% deduction for pass-through businesses.