AS far as the culture of paying your taxes and the civic duty behind it, Donald Trump certainly doesn't strike anyone as a poster-boy for good tax compliance - the first candidate in over 40 years not to release his tax returns, for example. But it remains to be seen whether his nonchalance on taxation will have an affect on the motivations of those people and businesses that want to come out of the wilderness to get into compliance? It seems to make sense that these parties might feel a little bolder in NOT acting to get into compliance as a result of the change of government. But even so - it is uncertain how the new Government will lead in the realm of encouraging tax compliance.
Update: November 17: Tax reform will be at the top of Trump and GOP agenda: Tax Reform - Top Item on GOP Agenda Next Year
Even still - there are about two and a half months before the new government takes charge. Current tax policy and IRS culture should remain in place UNTIL then. 2016 tax returns will be due on April 15th. If you haven't paid your taxes for 2016 or haven't filed taxes in a couple of years - it might be a good time to contact us:
Washington Tax Services has seen a lot of changes of government in our 28 years. No matter who's in power, we will keep a close eye on how to best resolve your unique tax situation based on the current culture and policy of the IRS or State agencies. Call us at 1-888-282-4697 for a free analysis of your tax situation or EMAIL us a description of it HERE and we'll call you.