When the Tax Cuts and Jobs Act (TCJA) became law in January 2018, it represented the largest redo of the U.S. tax code in decades — with far-reaching implications for individuals and businesses alike.
Many of its provisions were only temporary and are slated to sunset after 2025. If that occurs as scheduled, the effects will again be extensive, headlined by a considerable boost in the portfolio advantages and appeal of municipal bonds for many investors. Here are five things to keep in mind:
