Biden’s Tax Plan

After one crazy year, everyone is beginning to see the signs of normalcy returning. States are lifting mask mandates, travel is starting to return, and Memorial Day is now upon us! With that in mind, we wanted to provide a helpful guide for the one thing that is always certain….taxes!

There are a number of updates on Biden’s agenda that will impact most investors. To help organize these, we have created a simple checklist for investors to use to determine if they might be impacted by these changes.

Notable Tax Changes:

  • Increase capital gains tax rates
  • Changes to the income tax rates
  • Carried interest and 1031 exchange revisions
  • Updates to 401k contributions
  • Updates to SEP & SIMPLE IRA changes
  • First-time homebuyer tax credits
  • And more…!

Below is a link to download our helpful...

Official Post: https://csenge.com/planning/bidens-tax-plan/


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