November 1, 2021New Legislation Drops Notable Tax Law Changes: What You Need to Know
Earlier this week legislation was introduced in Congress that reflects President Biden's "Build Better" plan. This replaces legislation previously introduced on September 13, 2021 and there are a number of notable tax law changes that were dropped. Many of our clients have been doing significant planning and even accelerating certain actions in an attempt to avoid the harsh tax impact of the September 13th legislation, but much of that planning may no longer be necessary or at least not urgently necessary....