Understand How the Trump Tax Reform May Affect Your Clients and their Rights
According to the fact sheet issued by the White House, President Trump has set out several changes to the U.S. tax code, including lowering taxes to increase take-home pay for workers, simplifying the tax code and closing special interest loopholes, and making the tax code competitive with the world economy. Tax practitioners must understand the pros and cons of the President’s proposal and the likely outcome of the legislative process. Tax practitioners must understand what the IRS is doing and what to expect from the IRS in the future, and how the changes will impact their clients.
Join this session with expert speaker Daniel J. Pilla, who will provide an analysis and discussion of the President’s tax reform proposals and how they will impact American taxpayers. Daniel will talk about the pros and cons of the plan, and the broader discussion about the real tax reform needs. He will also cover how the plan fails to address the IRS in crisis. Daniel will address the most recent Taxpayer Bill of Rights, and how the current IRS administrative problems are threatening those rights. Daniel will discuss the IRS’s “Future State” plan, which may also threaten taxpayers’ rights. You will be able to advise your clients on what changes may be in store, and how they will impact them. You will get a better understanding of taxpayers’ rights and how your clients might be affected by IRS’s inability to administer the tax law. You will also understand how to solve those problems. John will provide a detailed lecture outline, which will contain all legal references and other authorities.
The real history and problems with “tax reform” in general
The pros and cons of Trump’s plan
The benefits of repealing certain critical elements of the existing tax code
The extent of current problems with IRS in administering the tax code
Insider information on the IRS’s administrative proposals
Daniel J. Pilla is a tax litigation consultant. Premier proponent and advocate of taxpayer rights. For over three decades, Dan has been tremendously successful in his negotiations with the IRS. Regarded as one of the country’s premiere experts in IRS procedures, Dan provides people across the country with soun...