Tax Highlights: The American Families Plan
By EsqSocial Corporation 28/04/21
In advance of the President’s address to Congress this evening, the White House this morning released a summary of Mr. Biden’s proposed changes to the Internal Revenue Code. These changes, together with his previously announced plans to increase the federal corporate income tax, are intended to accomplish three goals: fund the government’s efforts against the pandemic, support new social programs, and enable tax cuts for lower-income families......
By: Rivkin Radler LLP