Tag Archives: tax code
By Nick Spoltore On September 27, 2017, the Trump Tax Reform Plan (the framework of the “Big Six” group of Congressional and White House tax-reform precepts) was released. In the document, titled “Unified Framework For Fixing Our Broken Tax Code,” President Trump lays out four principles for tax reform at the core of this unified framework: 1. […]
Trump Administration’s Plan to Raise Standard Deduction Could Reduce Schedule A Filers by 80 Percent
If the Trump Administration’s plan to raise the standard deduction becomes law, Surgent CPE estimates the number of Schedule A Filers will be reduced by 80 percent.