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.