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