Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
Please note that Kerry does not personally agree with every item included here; but passes them along for the benefit of the readers' understanding of the varied viewpoints on the issues being discussed.
I remember the Tax Reform Act of 1986 very well. It had been sold as the most wide sweeping simplification of the tax code ever. The reality was exactly the opposite; making the tax code more complicated than it had ever been. I inherited several clients after it passed when their tax preparers quit rather than have to learn the new rules. It was also the inspiration for my infamous poster.