tag:blogger.com,1999:blog-6318055043707993918.post6588157362629982856..comments2024-02-20T02:12:18.090-05:00Comments on THE WANDERING TAX PRO: SOMETHING TO THINK ABOUTRobert D Flachhttp://www.blogger.com/profile/06034127763662917220noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6318055043707993918.post-76947082790714599222017-09-23T15:14:06.723-04:002017-09-23T15:14:06.723-04:00i deal with small, privately held C corps. i think...i deal with small, privately held C corps. i think this would work extremely well AND it 'feels' fair.<br />thank you, going to think on this some more.robyn weinbaumnoreply@blogger.comtag:blogger.com,1999:blog-6318055043707993918.post-7344063372498155142017-09-22T10:43:59.643-04:002017-09-22T10:43:59.643-04:00In general, publicly-traded corporations just want...In general, publicly-traded corporations just want a low rate because it allows them to report the highest EPS. Proposals for immediate expensing are not interesting to those companies because it would give rise to a deferred tax liability rather than a reduction in taxes/increase in EPS.<br /><br />Do you know if under your proposal, corporate taxes paid would be treated as a deferred tax asset under GAAP?Missing Donutnoreply@blogger.com