What I am suggesting, however, is that as tax professionals, we look at the recent overhaul of the tax law not as a burden, but as an opportunity. When it was my turn, I fessed up: I was a CPA who made my living in the tax law. After all, what does it say about you when everyone has an opinion on the new tax law EXCEPT for the very person who gets paid to have an opinion on the new tax law? Before you know it, the fuss over tax reform will quiet to a whisper, and we tax pros will resume our rightful position as social lepers. And now that the Tax Cuts and Jobs Act has been born from that opportunity, the new tax law presents a once-in-a-career opportunity for you.

Source: Forbes January 05, 2018 16:11 UTC