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Both Donald Trump and Joe Biden have begun laying out their visions for the Tax Code.
March 25Wolters Kluwer Tax & Accounting -
The Senate Finance Committee held a hearing to discuss the Biden administration's recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.
March 21 -
The president's 2025 budget proposal aims to deliver more services, middle-class tax breaks and price controls funded through higher taxes on the wealthy and corporations.
March 11 -
President Joe Biden's budget proposal — which calls for sweeping tax increases on corporations and the wealthy — is the opening round of a looming tax fight.
March 11 -
President Joe Biden proposed tax increases on the wealthy and large corporations, along with some new tax credits, in his State of the Union address on Thursday night.
March 8 -
The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.
December 19 -
If the program ultimately moves forward, tax professionals should know about the rules when advising their clients.
December 14Wolters Kluwer Tax & Accounting North America -
Senator Joe Manchin and Majority Leader Chuck Schumer have struck a deal on a tax, energy and climate bill, breaking a deadlock on the Democrats’ long-sought legislation to enact major parts of President Joe Biden’s agenda.
July 28 -
With the White House’s proposed Build Back Better legislation and its impact on taxes in limbo, advisors have time to implement key tax planning techniques.
April 19 -
President Biden's executive order on cryptocurrency assets and a central bank digital currency marks the beginning of the administration's efforts to integrate crypto technology into the financial regulatory apparatus. That process has important implications for banks in the near term and down the road.
March 13