A Donald Trump administration, combined with Republican control of both the Senate and the House of Representatives, makes legislation to reform the taxation of business income more likely. Hank Gutman, in this detailed report, explains that, despite the increased likelihood of legislative action, the specific content of reform legislation is more elusive than has been suggested by many, as is the path to enactment.
To read the full article in the Journal of Accountancy, click: How the Election May Affect the Taxation of Business Income.
