KPMG Helps Businesses Gear Up For Trump-Led U.S. Tax Reform

KPMG has issued detailed report "Understanding the Tax Reform Process: FAQ."

KPMG (No. 16 on the DiversityInc Top 50 Companies list) has issued a detailed report, "Understanding the Tax Reform Process: FAQ," with a high-level overview on the U.S. tax reform outlook and steps for businesses to consider for a possible tax overhaul.

KPMG's Vice Chairman of Tax Jeffrey C. LeSage said: "There could be lots of twists and turns ahead in the post-election political landscape, but for the first time in 30 years the prospects for substantive tax reform seem better than ever. Business leaders need to pay close attention and make their voices heard now."

"While nothing is ever certain when it comes to tax reform, it seems we're likely to see more interest, debate, and action on this issue in 2017 than we've seen since the Tax Reform Act of 1986," added John Gimigliano, principal-in-charge of the Federal Legislative & Regulatory Services group in the Washington National Tax practice of KPMG.

The report — in question/answer format — can be accessed at the following link:

For more on KPMG's perspective on tax reform, visit "Outlook for U.S. Tax Reform" on the KPMG Institutes website, where companies can find numerous resources to help them stay abreast of tax reform developments.

Rep. to Trump: Consult a ‘Not-white-guy’ on Immigration

"I would encourage @realDonaldTrump & his fellow GOP white guys to consult a not-white-guy in their efforts to enact comprehensive immigration reform in less than 24 hours," said Rep. Joe Kennedy III (D-Mass.).


Democratic Rep. Joe Kennedy III (Mass.) has called out President Trump on his all-white cronies.

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KPMG: New Research Shows Need for Transformational Innovation and Transformed Business Models

New Survey from Innovation Leader Reveals How Companies Designate Time, Money and People to Seek Growth and Respond to Disruption.

Originally Published by KPMG.

Innovation and R&D teams inside the Fortune 1000 are spending about 50 percent of their efforts on incremental innovation, 30 percent on adjacent innovation and 20 percent on transformational innovation, according to a new Innovation Leader report sponsored by KPMG LLP.

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Governors Step In to Stop Trump’s ‘Zero Tolerance’ Immigration Policy

Across party lines, governors have zero tolerance for Trump's racism.


Three state governors have announced that their states will not take part in President Trump's "zero tolerance" anti-immigration mission that separates children from their parents at the border. Govs. John Hickenlooper (D-Col.), Andrew Cuomo (D-N.Y.) and Charlie Baker (R-Mass.) made it clear that immigrant families matter just as much as any other family.

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Video: ‘I Run This Country, You Guys Are Dead,’ Violent Trump Supporter Tells Black Man During Racist Tirade

"Is this the vision of 'Making America Great Again?'" Keoke Silvano, who captured the video, wrote on Instagram.


A white man with a reported history of violence was arrested for harassment and obstruction after going on a racist rant filled with slurs and saying, "White men built these streets!" After video of the incident went viral and the man was charged, he claimed to be the victim of harassment.

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Video: Homeless Black Man’s Belongings Trashed by Racist Jogger at BBQ Becky’s Stomping Grounds

Trump-alt/right boy, Henry "scum bucket" Sintay, outed by social media as the perp.


#JoggerJoe, an unidentified Oakland white man, grabbed a Black homeless man's belongings and threw them in the lake and the trash, despite park goers' attempts to stop him. The Black homeless man, identified as Drew and described as peaceful and always smiling, lived at Lake Merritt, the Bay Area park. Yes, that is the same park where racist BBQ Becky called the police on Blacks barbecuing.

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U.S. Tech Leaders Place Restrictive Regulation at Top of Innovation Limiters: KPMG Tech Innovation Report

The report highlights key findings from a survey of nearly 800 technology industry leaders globally about technology innovation, disruption and market trends, including 120 from the U.S.

Originally Published by KPMG.

U.S. technology industry leaders see restrictive regulation as the top factor that will limit technology innovation, according to KPMG's 2018 global technology innovation report:

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#ShoppingWhileBlack for Underwear: A Woman Cuffed with no Explanation

Victoria's Secret offers a gift card and apology — completely misses the mark.


In Collierville, Tenn., last week, Jovita Jones Cage returned a bra with a receipt to Victoria's Secret because the security tag had not been removed. An employee later called the police, and Jones was approached, cuffed with no explanation, escorted out and told she was banned from shopping there.

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