CCH Tax Day Report President Trump unveiled his administration’s fiscal year (FY) 2018 budget proposals on May 23. The FY 2018 budget does not elaborate on tax reform measures but reiterates the president’s call for lowering individual and business tax rates, as well as eliminating the Alternative Minimum Tax (AMT) and the federal estate tax. […]
The post Trump Releases FY 2018 Budget Proposals; Tax Reform Details Expected Later appeared first on Tax & Accounting Blog.