The incoming Trump administration is preparing to push for the biggest tax overhaul in three decades now that Republicans dominate both houses of Congress as well as the executive branch. The Big 4 have issued reports providing an overview of the tax reform process that is now underway.
KPMG’s report says: “Although enactment of tax reform legislation in the near future is by no means certain, the odds for reform being enacted soon appear higher than they have been at any other time since the Tax Reform Act of 1986 became law.” Similar reports have also been issued by PwC, Deloitte and Ernst & Young.
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