OK, President Trump. Game On!

I was planning to pen a short note wishing all my clients, friends and readers a happy and prosperous 2018.  Plans change.

On Thursday, December 28, President Trump told the New York Times that he knows taxes “better than the greatest CPA.”  Them’s fightin’ words, Mr. Trump.

I may or may not be the greatest CPA, but I am a pretty good representative of the profession.  I challenge you to a tax law smack-down.

I propose that we let the FBI administer the test and judge the answers, in order to assure a fair contest.  I trust the FBI; you should, too.

Let’s each answer the same 20 questions.  I’ll let Steve Mnuchin help you with 5 answers.

If I lose, I’ll quit my CPA job.  If you lose, you’ll quit your President job.

Deal?

VKM

OK, President Trump. Game On!

Latest News

Section 199A Proposed Regulations Have Finally Arrived!

On August 8, the Internal Revenue Service issued much-anticipated proposed regulations (REG- 107892-18) (“Proposed Regulations”) concerning the deduction ...

The Home Mortgage Interest Deduction – Changes Under the TCJA

The Tax Cuts and Jobs Act of 2017 (“TCJA”), enacted Dec. 22, makes modifications to the deductibility of ...

Qualified Opportunity Funds – A New Investment Vehicle from the TCJA

A new Qualified Opportunity Zone (“QOZ”) program to encourage investment in low-income communities (“LICs”) is part of the ...

HM&M Updates

Jessica Gooch and Kimberly Lyons Graduate Transformational Leadership Program

A year of hard work pays off! HM&M is happy to announce that Jessica Gooch and Kimberly Lyons ...

HM&M Hosts Accounting and Financial Women’s Alliance September 2018 Meeting

Please join us for: September 2018 Meeting – CPE & Lunch Speaker: Randy Garcia, CPA Topic: Oil & ...

Income Tax Planning for Individuals: Effects of the Tax Cuts and Jobs Act

On August 3, 2018 Vance Maultsby spoke at the 34th annual Fort Worth CPA Tax Institute and shared ...