This is a discussion question about tax provisions. A paragraph will be enough. Please explain the solution in your own words.
If there is a tax provision pending before Congress that will negatively effect a transaction of a client, what would you advise your client to do?
In this environment, I would advise my client to complete the transaction before the onset of the new tax provision, and/or possibly seek remedy by seeking a loophole in the tax law that would circumvent the negative effect of the new or oncoming tax provision.© BrainMass Inc. brainmass.com June 3, 2020, 10:36 pm ad1c9bdddf
Problem: If there is a tax provision pending before Congress that will negatively effect a transaction of a client, what would you advise your client to do?
You have already started to answer the question. I am assuming that you want a little more detail. So ...
This posting helps with a question about a tax provision problem. The response is given with a great amount of detail. The solution is very easy to understand and very well explained. The explanation is given in 161 words.