Prognostications on Federal Tax Legislation in 2021
By EsqSocial Corporation 18/01/21
The results of the 2020 elections are final and official. The 117th Congress is underway and Joe Biden and Kamala Harris will be inaugurated on January 20, 2021. Democrats narrowly control both chambers of Congress and a Democrat will be the next President. What does this means for federal tax legislation in 2021 and before the 2022 mid-term elections? How many of President-Elect Biden’s tax proposals will be enacted? Will the COVID-19 pandemic hamper these efforts? Will Biden’s other policy...
By: Nexsen Pruet, PLLC