Here’s something else that was in that tax bill. One I kind of glossed over.
And, I can guarantee that this provision- which is only a feasibility determination- if the IRS elects to proceed, there will be a LOT of screaming and yelling. Not from me- I’m all for it. But, Intuit (aka Turbotax), Jackson Hewitt, H&R Block and a slew of other tax preparers are clearly not in favor of this idea at all.