MEDIA ALERT: Trump Tax Plan: What Taxpayers Need to Know

Wolters Kluwer Tax & Accounting Expert Available to Provide Insight into Trump’s Newly-Released Tax Guidelines

--()--Wolters Kluwer Tax & Accounting:

What: President Trump is making good on a campaign promise to lower taxes. In what his Administration is calling the “biggest tax cut and the largest tax reform in the history of our country,” today’s announcement provided a blueprint for tax reform that has the potential to affect millions of corporate and individual taxpayers. But at what cost?

Why: While today’s guidelines promise “massive tax reform and simplification” and address multiple aspects of tax reform – including corporate, individual and international taxes as well as child-care tax breaks – not all parties agree to its ultimate feasibility. Wolters Kluwer tax experts are available to provide insight and analysis on what tax changes individuals and businesses can expect as a result of today’s announcement, and how quickly they can expect changes to occur.

Who: Mark Luscombe, JD, LLM, CPA and Principal Federal Tax Analyst for Wolters Kluwer Tax & Accounting. Among the topics Mark can discuss:

  • Key components of President Trump’s tax plan
  • How this plan differs from his tax proposals as a candidate
  • How the guidelines affect corporate and individual tax rates and who stands to benefit most
  • How simplifying the tax code could potentially affect popular deductions
  • The controversy surrounding the "border-adjustment" tax on imports
  • How might Congressional tax proposals work with Trump’s tax proposals
  • How likely are President Trump and/or Congress to get their tax policies implemented

Contact: To arrange interviews with Mark Luscombe or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact:

LAURA GINGISS             BRENDA AU
847-267-2213 847-267-2046

Laura.Gingiss@wolterskluwer.com

Brenda.Au@wolterskluwer.com

Contacts

Wolters Kluwer Tax & Accounting
LAURA GINGISS
847-267-2213
Laura.Gingiss@wolterskluwer.com
or
BRENDA AU
847-267-2046
Brenda.Au@wolterskluwer.com

Contacts

Wolters Kluwer Tax & Accounting
LAURA GINGISS
847-267-2213
Laura.Gingiss@wolterskluwer.com
or
BRENDA AU
847-267-2046
Brenda.Au@wolterskluwer.com