Discussion Post
Topic I:
Major tax reform that affects both individuals and businesses was enacted in December 2017. It's commonly referred to as the Tax Cuts and Jobs Act, TCJA or tax reform. Based on readings in your textbook and an article from the KU library, describe the tax history and main objectives of the U.S. tax law. Analyze one of the provisions from the TCJA and explain how it differs from pre-TCJA tax law. Do you believe this change in tax law does a better job of meeting the intended overall objective of U.S. tax law?
Topic II:
You are a CPA paid to prepare tax returns for various clients. One of your newest clients is a "blended family". Both adults are separated and each claims Head of household filing status. Each taxpayer also claims a different child for the HOH status. All individuals in this family use the same address. Discuss how you would handle this situation. Be sure to support your comments with information you find in the KU library and/or in the IRS code.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.