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re: The Flat Tax

Posted on 4/8/15 at 9:17 am to
Posted by igoringa
South Mississippi
Member since Jun 2007
11877 posts
Posted on 4/8/15 at 9:17 am to
quote:

I'm a CPA. I don't think it would effect those in Public very much at all anyway. Most of the clients for the tax department were not individual returns anyway


Exactly - the percentage of time CPA's spend on individual taxes is not highly significant.

Flat tax doesn't change the corporate arena where the vast majority of CPA tax work is done.

H&R block get affected significantly? Yes. The CPA profession, not quite so much.
Posted by Jabstep
Member since Jul 2014
2134 posts
Posted on 4/8/15 at 9:32 am to
Rand Paul's Plan

That's completely inaccurate for the proposal above. All entity returns are simplified dramatically.
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