[SeekAndFind]

RE: Of course if a flat tax were passed, 1000s of tax attorneys, tax preparers, lobbysists, CPAs, etc. would be out of a job. No more TurboTax.

They’ll have to find another line of work. CPAs can still do their work... but NOT on taxes. They can focus on accounting for real profit and loss and the like.

[EQAndyBuzz]

“RE: Of course if a flat tax were passed, 1000s of tax attorneys, tax preparers, lobbysists, CPAs, etc. would be out of a job. No more TurboTax.”

Put them on a 1 year contract to weed through the budget and find all the areas where we can cut the budget. Heck, they created the problem, what better punishment then to have them fix it.

Would be like making illegals build the border fence.

[livius]

There’s always going to be tax work for CPAs, regardless of the kind of tax. But then, it’s not our business to pay for Full Employment for CPAs!

I think the IRS will probably also have to continue to exist, but once taxes are no longer down to the individual personal income level, it cannot possibly be as intrusive as it is now.

[OneWingedShark]

RE: Of course if a flat tax were passed, 1000s of tax attorneys, tax preparers, lobbysists, CPAs, etc. would be out of a job. No more TurboTax.
They’ll have to find another line of work. CPAs can still do their work... but NOT on taxes. They can focus on accounting for real profit and loss and the like.

A good CPA can do a great job on reducing costs [auditing] or identifying problem spots in production-of-product/service, or on ensuring that the banks etc aren't screwing you over.

So a good CPA shouldn't want for work (so long as there are companies doing business).