New Tax Law Roils Busy Season 2018

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By Rick Telberg
CPA Trendlines Research

The Tax Cut and Jobs Act won’t officially take effect until next year, but professionals are already reporting that it’s causing problems and depressing their forecasts for this year’s busy season results.

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Early soundings from the annual CPA Trendlines Busy Season Barometer show that 33 percent of practitioners are forecasting more trouble this year than last year – and they blame it on the new tax law.