While many of us were busy with the tax season grind, President Trump released his ideas for business tax reform; Congress worked on its plans for the “repeal and replace” of Obamacare and its employer mandate; tax legislation from prior years was implemented; and the tax courts ruled. Hear what’s new for 2017 and what we can advise our business clients today about tax reform and how it impacts them, including what is a good “place holder” entity while we await the details of the proposed 15 percent tax bracket for pass through and how reasonable compensation in the pass through entity may be the new tax planning idea.