The New York Times built a calculator that shows you how you'll be affected by the recent changes to tax policy.
Read more about it, and use their calculator here:
https://www.nytimes.com/interactive/2017/12/17/upshot/tax-calculator.html
Cardinal Points Northwest offers expert financial services in Reno, Nevada, the Lake Tahoe Area, and nationwide. We can help with individual tax preparation, small business bookkeeping, as well as answer your accounting and rental property tax questions. We are a Nevada Registered Agent as well as an IRS Enrolled Agent.