With the elction of Donald Trump, we will now have a Republican majority congress and president. Theoretically, we won't be subject to legislation gridlock like the last eight years and tax reform seems to be a very real possibiliy. As a CPA who is heavily invested in tax (about 70% of my billable hours), I am naturally curious about what the future holds. Ater studying Trump's tax plan, some drastic changes appear possibe (taxation at the partnership level, getting rid of the death tax, etc.). Should tax CPAs be worried about major tax overhaul (switch to a flat / fair tax) or are our jobs likely secure? I would appreciate the Going Concern community's take on this.
Related Posts
Big 4 Audit or Tax job in Corporate?
- Big_4_TX
- February 15, 2018
Hello, I have an offer from a big 4 firm to go work as an […]
Public Accounting Buzzwords
- PopeBaconIIV
- July 28, 2017
Hey GC community, Curious to know everyone’s favorite public accounting buzzwords or phrases used by […]
Do I get a Master’s in Accounting, MBA, or go for the job market?
- NavigatingTheGray
- June 19, 2014
First time poster here, I'm entering my senior year of college studying accounting and actuarial […]
