Possible tax reforms in 2017 is a topic that is being closely watched. The blog post titled “Tax Reform in the 115th Congress?” posted by The American Institute of CPAs (AICPA) provides an excellent review regarding possible tax changes. While nothing is certain at the moment, it appears that the stage is being set for significant modifications to be made to the U.S. income tax system in 2017 and beyond.
The following topics are covered in this blog:
- The likely contents of the Tax Reform Act of 2017-2018
- Obstacles to tax reform
- What can help in the tax reform process?
Click here to read the blog by the AICPA, which we think you will find quite informative. If you have any questions, please feel free to give us a call.