View our full Glossary of accounting & payroll terms Visit full glossary Glossary definition What is tax reform? Tax Reform Tax reform is the process of making changes to the federal tax structure. Subscribe to the Sage Advice Newsletter Get a roundup of our best business advice in your inbox every month. Subscribe Search Search for: Learn more about this definition and others Featured reading April 24, 2024 8 min read Canada Budget 2024: A round-up for businesses January 16, 2023 1 min read Free Survival Toolkit for Small Businesses June 14, 2023 19 min read AI in finance: What ChatGPT and generative AI means for CFOs