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October 3, 2023

Tax Cuts and Jobs Act

Why You Can Kinda Blame President Trump and His Tax Cuts for Your Favorite NFL Team Sucking

More than 30 years ago, President Trump tried to sabotage the NFL. Now you could say he’s indirectly sabotaging your favorite NFL team’s chances of making the playoffs. But before we explain why, first a little background on why Trump hates the NFL. In 1986, the NFL was sued by its biggest competitor, the United […]

CPA Reminds Tax Clients ‘We’re Not Fortune Tellers and Wizards’

It seems that the Tax Cuts and Jobs Act is making New York CPAs’ jobs more hellish than they already are. From Crain’s New York Business: For New York’s largest accounting firms, the biggest tax overhaul in decades has put significantly more work on their staffers’ plates. But it’s not just New York CPAs who […]

Republicans Planning to Unleash ‘Tax Cuts 2.0’ in September, Stick It to Democrats

Despite public support for the recent tax code overhaul plummeting in the past two months, Republicans think another round of tax cuts is a good idea. So, it’s likely the House of Representatives will vote on new tax legislation in September, said House Ways and Means Committee Chairman Kevin Brady (R-TX). Brady, who spoke at […]

corporate tax changes

Controllers Tight-Lipped About New Corporate Tax Changes

During an article brainstorming call I had with Caleb a couple Fridays ago, we both agreed that it would be interesting to ask corporate controllers and chief accounting officers what they thought of the Tax Cuts and Jobs Act, the sweeping tax legislation that was signed into law in late December. Surely they must have […]