Archive for William Rogers

If Robots Replace People, Should They Be Paying Taxes?

William Rogers

The capability of artificial intelligence has reached a point that it is no longer a question of if robots will replace people, but a matter of when. Highly automated factory floors, driverless cars, and computerized medical diagnoses all exist today. In the not too distant future it is plausible that a large percentage of highly skilled jobs will be performed by robots. In the fields of engineering, finance, and scientific research computers have already surpassed the ability to process data in a far superior manner than the brightest humans on the planet.

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Written by | Posted in Tax Policy

Could Your Airbnb Rental Be Considered A Hotel?

William Rogers

Vacation rentals are nothing new. For centuries travelers have opted to stay in private residences over hotels for a variety of reasons. It’s quite common here in Southern California with the lure of our local beaches and mountains for property owners to rent out their properties on a transient basis. Vacationers have long used the Internet to search for available properties by visiting sites like Craigslist or VRBO.com (Vacation Rentals by Owner).

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Written by | Posted in Real Estate

A Proposed Border Adjustment Tax!

TaxConnections Member

Over the past few weeks, I’ve had numerous clients ask me about how they might be impacted by the border adjustment tax. In fact, so many have expressed concern that they’re already seeking advice on how to avoid being impacted, even though nothing has been enacted into law. For those of you whom are unfamiliar with the subject, the border adjustment tax is currently a proposal, not law. The idea is derived from the House Republican’s Ways and Means Committee tax reform blueprint, “A Better Way”.[i]

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Written by | Posted in Tax Reform

A Common Sense Approach To Tax Reform

William Rogers

For years, there have been promises by both Republican and Democratic lawmakers to reform our tax code. I’m not sure if many of you recall that in 2010 there was a bi-partisan commission convened by President Obama, “Simpson Bowles” to draft a proposal on reforming our tax code. What happened? The Commission presented its report to Congress, but they refused to do anything.

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Written by | Posted in Tax Reform
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