Tag Archive: "Biden"
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New Direction for Potential Tax Legislation?
Authored by: Miryam Wisnicki, Melissa Labant and Chris Hesse After a week of backdoor negotiations between President Biden and key Democrat holdouts Senators Joe Manchin and Kyrsten Sinema, the White House and progressive Democrats appear prepared to compromise on some significant priorities in order to cobble together a social spending package that can pass Congress. Speaker Pelosi expects […]
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Recap of Where We Stand Today
Potential tax law changes have been on taxpayers’ minds for some time now. Unfortunately, there has been a lot of talk and not much action. That changed on Saturday, as the House Committee on the Budget voted to pass the $3.5 trillion spending bill out of committee and onto the floor. Almost two weeks ago, thirteen committees […]
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CLA Livestream: Estate and Gift Tax Proposal Implications
Jennifer Rohen, Lori Peterson and I spoke on last week’s Livestream about potential changes to estate and gift taxes and Section 1031 exchanges. Our primary takeaway: stay informed, but don’t panic…yet. Please click here to watch a replay of our conversation.