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DETHLOFF & ASOOCIATES BLOG - MOSTLY (BUT NOT ALL) TAX

Tax Reform Proposal Release Delayed Until Tomorrow

Posted by Admin Posted on Nov 01 2017

It was announced this morning that the release of the GOP tax reform proposal will be delayed until tomorrow. The announced goal is still to pass the bill in both house and senate by Thanksgiving. So now taxpayers and their advisors will have 21 days to evaluate the most massive revision to the income tax code since 1986. For perspective the 1986 revision took 13 months to negotiate.

 

These blog posts are for general information purposes only. Tax law is very complex. You should never make a tax or financial decision based on our (or anyone elses) blog post. If you think a posting might be applicable to your situation please contact us and we'd be happy to discuss it in more detail. 

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