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Today's Poll

Do you support or oppose the extension of the 2017 Tax Cuts and Jobs Act, which is set to expire at the end of 2025?
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Poll Description

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Business planners and tax professionals are keeping a close eye on whether federal tax cuts approved during the first Trump administration will be extended before they expire at the end of the year.

The Tax Cut and Jobs Act was approved by Congress in 2017, and signed into law by President Donald Trump in January 2018, during his first term.

The possible extension could reduce taxes for many Americans, but may also increase the federal deficit by $4.5 trillion over the next decade.