Don't think CPAs will lose much business.

Have a feeling the majority of people doing taxes who would consider doing their own taxes after this passes don't visit CPAs. They go to those "tax services" places.

My question, will the price of Turbo Tax drop?

In response to this post by vt90

Posted: 11/02/2017 at 7:46PM

HokieCPA and other accountant types ... -- vt90 11/02/2017 12:13PM

Don't think CPAs will lose much business. -- EDGEMAN 11/02/2017 7:46PM

A lot of people like me stopped itemizing when the mortgage rates dropped. -- IB4TECH 11/02/2017 4:23PM

I'm about three years into using the standard deduction -- Tafkam Hokie 11/02/2017 5:09PM

Me too! ** -- grill to chill 11/02/2017 6:58PM

Pretty significant as currently proposed ... -- vt90 11/02/2017 4:28PM

The mortgage cap is based on a $500k house, not many people -- fordham 11/02/2017 5:17PM

There are fewer deduction categories for people who can't expense on C o E ** -- lchoro 11/02/2017 2:06PM

More people will use standard, yes. -- Hokie CPA 11/02/2017 1:42PM

Agree in general ... -- vt90 11/02/2017 1:54PM

Our government is totally disfunctional... not sure how we -- HokieSignGuy 11/02/2017 1:45PM

Most libertarians agree.... Gridlock Is Good! ** -- Hokie CPA 11/02/2017 2:35PM

Heck, that is how the government was set up on purpose -- Tafkam Hokie 11/02/2017 5:14PM

So, an individual's standard deduction will increase? -- HokieSignGuy 11/02/2017 12:28PM

You can file married filing seperately but that usually results -- fordham 11/02/2017 2:45PM

Have your kids now and don't push it off into the new year -- lchoro 11/02/2017 2:08PM

Well ... -- vt90 11/02/2017 12:32PM

Oh, I didn't hear that part. -- HokieSignGuy 11/02/2017 1:20PM

Nowwwwww you tell me!** -- 48zip 11/02/2017 12:35PM

Don't think CPAs will lose much business.

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