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Sen. Bernie Sanders is working on a proposal to set an income threshold for an unlimited state and local tax deduction.
November 17 -
Staff need to develop and grow if firms are going to develop and grow.
November 15
Withum -
Employees who work outside regular hours on their own business can bring valuable experience to a firm.
November 8
Withum -
The president described the passage of the bill a direct response to voters who handed his party defeats in state elections last week.
November 7 -
Moderates are echoing Senator Joe Manchin’s complaint about not knowing the full cost and economic impact of the Biden adminstration's plans.
November 2 -
Clients who demand a lot of time with constant calls about proposed transactions may need a special way to handle the billing for them.
November 1
Withum -
The outline of the tax and spending bill provided a breakthrough after a long standoff between moderate senators and progressive Democrats.
November 1 -
A new round of haggling started, as they worked to fill in details and deal with last-minute attempts to restore priorities that had been left out.
October 29 -
Potential new provisions could create a seismic shift in tax.
October 28 -
The former Treasury secretary is concerned about the potential knock-on effects of a proposed levy on the super-wealthy.
October 27 -
Some House lawmakers raised doubts about the terms of the deal and whether differences could be resolved in the next few days.
October 26 -
The Senate Republican leader ridiculed a tax plan targeting the unrealized capital gains of the ultra wealthy as a “harebrained scheme.”
October 26 -
Hikes in the top tax rates are off the table, although a “billionaire’s tax” on unrealized capital gains is under discussion.
October 25 -
There is increased momentum for an income tax on $1 billion or more in annual income, or three consecutive years of $100 million or more in income.
October 25 -
President Joe Biden’s acknowledgement that he doesn’t have sufficient Senate Democratic backing for his proposed increase in the U.S. corporate tax rate gives fresh impetus to efforts by negotiators to find alternative revenue sources for a sweeping social-spending bill.
October 22 -
Democratic negotiators have been working to address opposition from Senator Kyrsten Sinema, an Arizona moderate, to boosting rates.
October 22 -
Lawmakers are rejiggering the proposal after a wave of criticism by Republicans and bank lobbyists.
October 19 -
The Democratic Senator said there’s little chance that Congress can complete work on President Biden’s economic agenda by the end of the month.
October 18 -
For a practice to be elevated into a business, it needs someone at the helm to steer that ship.
October 18
Withum -
Even with no desire to sell or end the business, planning can present a way the owner could exit on their own terms.
October 11
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