Andy Friedman Answers Top 7 Advisor Tax Bill Questions

December 11, 2017 | Melanie Waddell | ThinkAdvisor

Former tax attorney Andy Friedman of The Washington Update has been busy fielding questions from advisors about the impending tax cut package — everything from how the House and Senate versions treat alimony payments to the future of the individual mandate.

Friedman released a tax cut “winners and losers” analysis on Nov. 26, and plans to release an updated analysis of the Tax Cuts and Jobs Act once the House and Senate versions are distilled into a single bill. He sees the final legislation’s effective date likely being Jan. 1, 2018.

Read on to see the top seven questions advisors have posed to Friedman regarding the House and Senate tax cuts bills, along with his answers…

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