The Tax Cuts and Jobs Act of 2017 which went into effect 2018 is probably best known for lowering the marginal federal tax rates on earned income. What is less talked about are several other changes included in this legislation that could have a significant impact on the way Americans utilize Itemized Deductions. By making multiple years of charitable contributions or planning several medical procedures in a single calendar year (stacking), some households may be able to increase their Itemized…
