Are you confused by all the discussion in Washington around the tax changes? Welcome to the club! I have read numerous articles outlining how taxes may change or what might happen. HERE is one of the best (and most recent) articles I have found.
As with any tax reform, there will be winners and losers but a simplification of the code is certainly needed. I always stress to my clients the importance of flexibility in times of uncertainty. Work with your tax professional, or give me a call, to discuss strategies to put you in the in best available position no matter what changes occur.