Post-Election Tax Outlook: Income Tax Components

Posted By: Jordon N. Rosen, CPA, MST, AEP® (Distinguished)

With the results of the 2020 presidential and congressional elections behind us, President Biden has begun pursuing his agenda to tackle many pressing issues, including the downturn in the economy, which was brought on by the COVID-19 pandemic. Along with additional stimulus checks for individuals and various grant programs, there are numerous tax-related changes being considered that will impact individual taxpayers, businesses, estates, and trusts. This vlog focuses on those proposals that would impact individuals and small businesses. Here is what we know and what you need to know now. Video Length: 18:15 minutes

 

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