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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.
The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Learn moreHartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
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The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
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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.