Just six short months ago, the prospect of historic tax reform being implemented retroactively to January 1, 2017 seemed like a very real possibility. Now, with health care reform unfinished, Congress’s summer recess around the corner and the November elections quick to follow, tax reform in 2017 will be nearly impossible and many people are wondering if we’ll be in the same position one year from now. In order for any of the lasting policy changes that the Republicans are hoping for to take effect, the tax plans issued by the President and the GOP would have to be significantly altered towards revenue neutrality to pass through the budget reconciliation process or Republicans and Democrats would have to work together to create a plan that both can agree on to meet the 60-vote threshold in the Senate. This course will discuss the tax plan released by the White House in April 2017 and how it differs from prior drafts and GOP plans. It will examine the major issues of contention currently being discussed in Congress surrounding tax reform. Finally, it will discuss the timing and procedural challenges that tax reform will face and what aspects are most likely to become law.
Discussion of the tax plan outline recently released by the White House.
Examine key tax reform issues currently being discussed in Congress including the interest deduction, full expensing, and the prospect of a territorial tax system.
Explore the current state of the border adjustment tax proposal.
Discuss the aspects of the proposals most likely to become law and the timing and procedural challenges tax reform faces.
joydev, NJ
"CPA Academy is doing a great service to all tax professional by continuously providing these valuable webinars as well as helping us to keep up to date with our continuing education and of course the valuable CE'S that we all need to maintain our credentials. Thank you ."Yi, CA
"I am glad I signed up for this class. Scott's presentation was very attention grabbing and he's an effective speaker as well! Never thought I'd say this about a CPE class but it was hard to even leave my desk for a restroom break :)"R. Michael, CA
"Scott did a wonderful job. I am inactive CPA and active Attorney, so I don't need credit. But, I sure do need the education and insight that comes from your presentations. thank you so much! Mike Wilkinson"LINN, LA
"THIS WAS VERY INFORMATIVE AS TO WHAT IS GOING ON, WHAT TO LOOK FORWARD TO, HOW NEXT YEARS RETURNS MAY CHANGE FOR US AND THE CLIENTS. LETS US KNOW HOW TO ADVISE OUR CLIENTS OF CHANGES IN THEIR TAXES."Lea, MI
"Best free webinar I've attended in over 10 years! The presenter was conversant, knowledgeable and engaging. The slides were noteworthy, insightful and well prepared. Great Job!"Daniel, CO
"Great Presentation... Was able to present a difficult charged subject in a very professional & objective manner... The brilliance is that you could not detect any biases"Darla, NM
"Although this is an evolving topic, this course does a comparative analysis and takes you through the process of how the proposed changes can make it through congress."Stanley, NY
"The course presenter was very well prepared and presented the materials in an experienced realistic manner that takes into account the current Washington politics."
WithumSmith+Brown, PC
Senior Tax Manager
sbartolf@withum.com
732-842-3113
Scott has over ten years of diversified public accounting experience focusing on individual, partnership, corporate and trust / estate taxation. His experience includes tax compliance, planning and representation of clients in many industries including the real estate, consumer products and technology industries.