Apr 16, 2018
Implementation of the new laws and regulations brought about by federal tax reform will be a major undertaking for the largest of firms. Imagine how much of an undertaking it is going to be for smaller firms and sole practitioners! In a preview of his article in the upcoming Federal Tax Reform Guide presented by the Pennsylvania CPA Journal, Carl Peterson, CPA, CGMA, vice president of small firm interests at the AICPA, details the challenges practitioners will face, discusses ways small firms can manage client expectations, and estimates how long it will take for firms to have full clarity on the Tax Cuts and Jobs Act.