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Update on President Biden's Tax Proposals

May 17, 2021

Happy Tax Day,  As you have heard, President Biden has proposed a number of possible changes to the tax laws.  Some of these changes will impact those who earn more than $400,000, while other changes may impact all taxpayers.  Attached to this blog is a summary of a number of the changes.  These are only proposals at this time, but it would be good to have a baseline understanding of them.

Please contact us if you would like to discuss any of the proposals in greater detail.


David Faulk, CFP, CPA

As A High Income Taxpayer, How Might President Biden's Tax Plan Affect Me