Welcome to The Tax Plan Summit - Understanding Biden’s and Democrats’ Tax Plans: Individual & Pass-through Business Taxes
How does the 2022 IRS Tax Plan impact your business' valuation?
How to Pay Zero Tax Without Going to Jail
What does The Tax Plan mean for commercial real estate?
Crypto- Investing and Tax Planning
1031 Exchanges and the Impact of Proposed Changes on Business Owners
How To Determine Your "Freedom Point": Knowing When to Sell A Business
10 Ways to Save $10K
President Biden’s capital gains tax proposal which, if passed, would make America’s rate nearly the highest in the world.
So, what can advisors do? One option is to put your head in the sand, hoping the proposals don't pass. Clearly, there's a chance of that. But what if they pass?
The 23.8% rate may go to 43.4% for some. That rate hike amounts to a staggering 82% increase in the old rate.
Proposed changes in capital gains taxes are worrying investors and their tax advisors, especially the possibility of making them retroactive.
Janet Yellen announced on July 1 that a group of 130 nations had agreed to a global minimum tax on corporate income. The administration is pushing for 15%.