Written by Rock Fusco & Connelly’s trusted advisors at Dugan & Lopatka CPAs
A new administration almost always means changes to the tax code, and President Biden is no exception.
President Biden’s ambitious new tax plan proposes numerous changes across the board— for individuals, businesses, nonprofits, and entire industries. Some of these changes will almost certainly affect how you run your business and manage your personal finances for years to come, so it is important that you get familiar with them now.
Dugan & Lopatka’s team of financial experts put together the Biden Tax Plan 101, a quick rundown of everything you need to know—all the big, high-level changes; as well as the specific policies that might affect you directly—without getting bogged down in the details.
The original version of this report was based on President Biden’s campaign proposals. However, they recently published a new, updated edition based on President Biden’s more recent budget proposal, which gave a clearer picture of the administration’s plans.
In the report, you’ll find:
- The basic information you should know about the Biden Administration’s tax plan
- Helpful charts and explanations
- Tips from our financial experts
Click the link below to view the report: https://www.duganlopatka.com/biden-tax-plan-101/
To find out the effect President Biden’s proposed tax changes might have on you, your investments, or your business, reach out to the attorneys at Rock Fusco & Connelly, LLC.