mark35
New Member

TurboTax can help taxpayers understnad the Tax Reform bill's impact

I think it would be a great service to our country and to your own customers. and great company promotion. Make a "tax reform" version of the 2016 personal tax return software that reflects the Senate version of the Tax Reform bill. Then set it up so that your customers can load their 2016 data into it to recalculate their taxes based on it. Since almost all of the provisions are repeals of deductions or adjustments to current deductions, users shouldn't have to enter any new data. You might have to generate a few new questions. I don't know. Anyway, put a big disclaimer on it since the law will undoubtedly change before final, and their 2018 finances will be different. It's one thing to look as general averages of the effects of the bill on categories of taxpayers. Knowing exactly how it would impact you personally is much more effective.