Part of being in the tax credit world means constantly learning to adapt to a constantly changing industry. Because of this, it is very important that we, the Cherrytree Group, absorb as much knowledge as we can about the shifting sands within our industry so that our company can better assist our clients, as well as maximize efficiently on all the commercial incentives available.
This past month, I attended the 2017 EY Domestic Tax Conference where I learned about the new tax trends, how the proposed tax reform would affect the tax credit industry, and spoke with industry professionals about how to improve various commercial incentives.
The most refreshing part of this conference was that the views and opinions that were expressed at the conference were the same ones are that reflected in Warren’s blog about the tax reform and about using tax credits as a planning tool.
In Warren’s blog on tax reform he delves into the outline of the Trump Tax Plan in order to ascertain the viability of the Administration’s projections coupled with their expected stimulus that the tax reforms will have on GDP growth, and in his blog on Tax Credits as a Planning Tool he explores how a tax credit investment can act to reduce the tax burden of qualifying taxpayers.
The 2017 EY Tax Conference was a very insightful event and I look forward to attending next years!