President Donald Trump led the greatest change to the United States tax system has undergone in decades when he signed into law the Tax Cuts and Jobs Act (TCJA) into law last year. This law resulted in major tax reform. The TCJA essentially doubled the standardized deduction rate and gave business owners new rules to follow when filing returns.
Another area impacted by changes to tax law: divorce. The TCJA impacted divorce in many ways, but the most notable change involves spousal support.