Deloitte Responds to Senate's Tax Bill Vote

WASHINGTON, Dec. 2, 2017 /PRNewswire/ -- Deloitte's Tax Policy Leader Jon Traub, principal, Deloitte Tax LLP, offered the following statement in response to the Senate's vote on their tax reform bill:

"Tax reform is closer now than it has been in more than 30 years, with the bill passage in the Senate. High hurdles remain, as substantial differences exist between the Senate and House versions. Yet the determination in Congress and the White House to get this done has driven us to this point ? at the cusp of a major and long-overdue rewrite of our tax code.

"So, what can taxpayers do to be prepared? First, stay informed by using available sources of information to stay current on the debate and the proposals being discussed. Second, be nimble to put yourself and your company in the best possible position to adapt to changes, or at least limit any disruptions."

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SOURCE Deloitte