New York Times Has Trouble Finding Tax Accountants To Discuss Tax Bill
The opening paragraph tells us about the fate of Jonathan Traub Managing Principal, Tax Policy Group at Deloitte. You have to understand something. One of my running jokes lately has been referring to the “failing New York Times”. That is always meant ironically as a reference to our President’s characterization. I love the New York Times and always have since Mr. Moroney required our sophomore class at Xavier High School to read parts of it every Sunday.
Remember the headline – “Tax Bill Is Great for Accountants – Unless They Have Holiday Plans”. The fellow in the lead paragraph – Jonathan Traub – seems like a tremendous guy. One problem, notwithstanding that Mr. Traub works for one of the top accounting firms in the country, he is not an accountant and based on his resume has never been one, nor does he even have the most basic qualifications to be one.
Retroactive Depreciation Changes Encourage Closing Deals Before Year End
Originally published on Forbes.com. The Tax Cuts and Jobs Act has radically changed the rules for bonus depreciation at least for a while. Instead of 50%, we will be...
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.