Month: November 2021
U.S. House Passed the Build Back Better Act – Waiting for the Senate to Weigh In
November 29, 2021
On November 19, the U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213. While we are waiting for the Senate to vote … Continued
2022 Cost-of-Living Adjustments
November 19, 2021
Don’t forget to factor 2022 cost-of-living adjustments into your year-end tax planning The IRS recently issued its 2022 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly … Continued
Potential Tax Law Changes Affecting Business Year-End Tax Planning
November 11, 2021
The end of the tax year is fast approaching for many businesses, but their ability to engage in traditional year-end planning may be hampered by the specter of looming tax … Continued
Potential Tax Law Changes Affecting Individual Year-End Tax Planning
November 11, 2021
As if another year of the COVID-19 pandemic wasn’t enough to produce an unusual landscape for year-end tax planning, Congress continues to negotiate the budget reconciliation bill. The proposed Build … Continued
Tax Related Provisions of the Investment and Jobs Act
November 10, 2021
Almost three months after it passed the U.S. Senate, the U.S. House of Representatives has passed the Infrastructure Investment and Jobs Act (IIJA), better known as the bipartisan infrastructure bill. … Continued