PRESIDENT TRUMP ANNOUNCES TAX REFORM OUTLINE

Today, the Trump Administration released its outline for corporate & individual tax reform.  While not draft legislation, the announcement serves as the Administration’s “opening offer” in the forthcoming tax debate.  Here are some of the highlights: 15% Corporate Rate; Also Applied to “Pass Through” Income. The corporate income tax rate would be lowered from 35% Read the full article…


Corporate Tax Reform

What’s the Latest? Now that the new Trump administration is in office and Congress has begun preparing its agenda, additional insights regarding corporate tax reform have come to light. The proposal’s substance hasn’t changed much. The overall concept of the plan put forward by the House Ways and Means Committee Chairman, Kevin Brady (R-TX), outlined Read the full article…