article thumbnail

Get to Know TaxConnex: Partner Q&A Series - Robert Dumas

TaxConnex

I graduated in 1985 with a Masters in Tax. I was trained in income tax and expected to have a career in public accounting, but I only lasted a few years in a couple of different large CPA firms. I then went to the BellSouth Corporation tax department and had various roles.

article thumbnail

President Trump vs Biden Tax Plan Proposal in 2020

LyfeAccounting

Alright now, let’s dive in by first setting up some ground rules about what an effective tax system looks like. What an Effective Tax System Looks Like. A fair tax system should produce similar outcomes. Whereas Trump would like to make the existing standard deduction permanent after 2025 which is when it is set to expire.