John Karaffa Discusses 2018 Tax Changes with Accounting Today

January 15th, 2018 Off

Among CPAs, it’s common to hear a major piece of tax legislation called “The Accountants’ Full Employment Act” — and the Tax Cuts and Jobs Act is no different.

Having passed in the Senate in the early hours of Wednesday, and with only a purely procedural second vote in the House due Wednesday morning, the legislation was originally aimed at simplification, but will, in fact, leave many taxpayers more in need of expert advice than ever.

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