Below are listed provisional tax law changes that will impact federal tax filing for tax year ending 2018. # 1. Tax rates start at a low of 10% and are capped at a high of 37%. # 2. Standard deductions are increased for single and married filling separate to $ 12,000, head of household to $ 18,000 and married filing jointly to $ 24,000. # 3. Personal exemptions for dependents are eliminated for 2018 filings. # 4. Child tax credit for Qualified children up to age 17 is increased to $ 2,000. # 5. A new credit for other qualified dependent is $ 500. # 6. Health Insurance coverage must still be reported for all family members. # 7. Provides a 20% taxable income deduction for Self-employed filers. # 8. Casualty and theft losses are deductible only for federal declared disasters. # 9. Charitable contributions is increased to 60% of adjusted gross income. # 10. Miscellaneous itemized deductions are no longer deductible. These include employee expense such as uniforms, union dues, tax preparation fees and investment fees. # 11. Unreimbursed Medical expense that exceeds 7.5% of AGI is deductible. # 12. C corporations are taxed at a flat rate of 21%. Down from 35%. This list of tax filing changes are the ones that will impact most filers. Should you have any questions, please direct them to my attention. Thomas Flewellyn,sr Ph # 216 245 6604 Email: firstname.lastname@example.org.