“in part because it is so complex, will ultimately reward those who can afford the best tax advice.”
Not to worry, TurboTax will be all over this. Wait and see. I ran a Sub-S for 5 years after I retired, and I couldn’t have done it without TurboTax.
I'm a Sub-S. I cannot imagine doing my taxes with an accountant. There's 40 pages or more between all the returns. I have no idea what's in there (despite my Math degree). I just sign where to they tell me too.
ML/NJ