Effects of the Tax Cuts and Jobs Act on Nevada (Conference Report Update)

December 1, 2017

In 2017, the U.S. Congress took action to amend the Internal Revenue Code (IRC), or modify certain existing federal income tax provisions as they pertain to individuals and businesses. The bill is known as the Tax Cuts and Jobs Act (TCJA). This policy brief highlights major provisions in the congressional TCJA proposal as they relate to Nevada and to individual taxpayers only. (December 2017)