Goodbye to the old federal tax system

This is the last time where taxes will be paid under the more complicated old federal tax system that takes more of your hard-earned income.

When you file next year, rate reductions will be among the more clearly felt benefits of tax reform.

The positive outcomes of the Tax Cuts and Jobs Act are continuing to take shape, but the advantages—including bonuses and wage increases; business investment, productivity and job growth; boosts to retirement assets and other investments; and time and resources savings through filing simplification—are making a difference in our economy. For the full story, pick up a copy of the Mountain Home News or click on this link to subscribe to the newspaper's online edition.