Biden Plan Would Raise Average Tax Rate for Households Above $1M: JCT
Households with income of at least $1 million would see average tax rate increase in 2022 under House Democrats’ social spending and climate bill.
Recent
Biden Spending Bill's IRS Tax Enforcement Plan Will Cause Audits to Double, House GOP Memo Says
Republicans say more audits will negatively impact low- and middle-income Americans.
How to Find Out if You're Liable for Capital Gains Tax
One surprising proposed change is the change to the capital gains tax rates that are part of the proposed Build Back Better Act.
Democratic Heartburn Grows Over Middle Class Tax Provision That Also Benefits the Wealthy
The SALT tax cap has become a target of Republican criticism of the legislation.
Stock Buyback Tax is Inefficient and Could Threaten Retiree Nest Eggs
The price tag for the Biden administration’s economic/social agenda has shrunk from the initial $3.5 trillion plan due to strong pushback.
Billionaire Investor: Democrats' Plan to Tax Stock Buybacks is 'Literally Insane'
White House promised the ambitious economic and climate agenda will be "fully paid for" in part imposing a 1% surcharge on corporate stock buybacks.
4 Non-Negotiable Qualities in Your Tax Adviser
The right tax adviser can legally reduce and eliminate taxes. Does your adviser have the right qualities to help you reduce your taxes?
