Three Ways Your Business Planning Practice May Be Impacted by Republican Tax Reform Proposals

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by Jennifer L. Villier, JD | Legal Education Faculty, WealthCounsel

On the heels of his inauguration, President Trump quickly got to work exercising his executive authority to implement some of his campaign proposals. With a stroke of his pen, President Trump has frozen pending regulations, increased border security measures, frozen federal hiring, withdrawn from the Trans-Pacific Partnership, and prioritized deportation of undocumented immigrants. President Trump has stressed that putting “America first” by protecting our borders and bolstering small businesses are fundamental to his objective of driving domestic economic growth.

While we await developments on proposed tax reform, we can prepare ourselves and our clients by understanding three key corporate tax proposals that may affect small businesses and the attorneys who serve them. Download this brief to learn more.