Tax Strategies

The $579 billion infrastructure deal is a win, yet the bipartisan plan faces hurdles in Congress that reflect challenges to the president's broader economic agenda.

The cost of the expenditures would be offset by a variety of revenue-raising provisions, including stronger enforcement of tax collections from the wealthy.

Senate Budget Committee Chairman Bernie Sanders is proposing to partially revive the federal deduction for state and local taxes in an draft outline of a budget resolution designed to fast-track much of President Joe Biden’s economic agenda.

Taxing jurisdictions are less anxious about revenue — but they’ll be more focused on sales tax than before.

A combination of high valuations on companies and potentially higher taxes in the future is proving to be a potent motivator for selling private companies.

Tax experts dissent the Biden budget proposal in search of planning opportunities.

Clients could end up having to pay back the money next filing season.

The White House reiterated its opposition to indexing the gasoline tax to inflation to help pay for an infrastructure plan.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

The Treasury secretary suggested that if Congress were to pass a capital-gains tax hike effective starting in April 2021, that wouldn’t count as a retroactive increase.