The "Tax Cuts and Jobs Act" passed by congress last year will affect all taxpayers in one way (refund), or another (balance due); deductions have been reduced (some eliminated), while the tax brackets have gone down. To wrap it up in a "nut-shell"- "Higher income subject to a lower tax bracket opposed to Lower income subject to a higher tax bracket"; those with 3 or more dependent children under the age of 17 will fare the best. We will explain the changes with this year's tax prep.