Confused by the tax reform debate? Wonder if proposed Republican tax cuts will help the middle class? Will cutting taxes spur economic growth? Don’t know who to believe when it comes to tax cuts and the national debt?
We can’t help you answer all of these questions in a single video. But, we can show you how cuts in individual tax rates will impact tax collections. We can also illustrate how much the economy will have to grow to pay for the tax cut you want.
Is the economy healthy enough for a tax cut? How much will the economy (GDP) have to grow to pay for a giant corporate tax cut? Can a tax cut spur enough growth to create even more tax revenues? Now, those are some questions this video (and spreadsheet) can help you answer!
In this video, we show you how to use the GDP Breakeven Analysis for Reduction in Tax Rates spreadsheet that we created to help you run tax cut scenarios as Lord of the Economy. Download the spreadsheet and start playing around.
All courses and articles are for informational purposes only and do not constitute tax advice. Taxes are complicated - do not act on course information without consulting a professional. Always refer to treasury regulation before making any tax decision. Read the full disclaimer.
I just completed the 1099-NEC/MISC course - this was very helpful to me. It is greatly appreciated.- Tammy L, Anchorage, AK, 1099-NEC & 1099-MISC Course (Training Edition) Course
This course package is thorough and will give you a solid handle on how to optimize your business expenses to minimize your taxes and keep appropriate records to handle any IRS challenges. Only want to dive into a particular topic? Jump to that video and scan forward to where your issue is addressed. Or watch the whole series to learn it all!- Josh, Charles Town, WV, Real Estate Agent Tax-Cut Library, Agent Edition Course
I loved the 1120-H course, it was very helpful, and I would recommend it!- Ruth, Kunkletown, PA, 1120-H Basics Course
The course was excruciatingly detailed, which I appreciate. I definitely recommend this course to anyone who even thinks they may need it.- Greg, Brookfield, IL, 1099-MISC Basics (Training Edition) Course
I haven’t practiced in the accounting field in quite some time and wanted a refresher. The Overnight Account course 1099-Misc Basics was very helpful! It was simple to follow along and understand each section. I would highly recommend this course! Staff were quick to answer my question as well. I love that I can review the modules again, if needed, at any time. I will definitely be using them again for more classes.- Tammy, Anchorage, AK, 1099-MISC Basics Course