Posts Tagged: income tax changes

Tax Policy: Not boring anymore

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, tax policy used to be fairly boring and predictable. But in the past decade, it has become dynamic in a way that tax advisers don’t like: It changes with the political party in power. Questions: According to the article, changes for tax advisers with the political party in power… Read more »

Little-noticed provision in new tax law

Posted by & filed under Accounting Information Systems, All Articles, Income Taxes, Managerial Accounting, Uncategorized.

Unfortunately, a little-noticed provision in President Trump’s sprawling new tax law is treating middle- and low-income college students like trust-fund babies – a tax law established 33 years ago to prevent wealthy parents from funneling money to their children to lower their tax burdens. Questions: What does this provision do to students? How many undergraduates and graduate… Read more »