Biden's Plan To Raise Taxes On Corporations!


President Biden is planning to raise taxes on corporations and the wealthiest Americans to help fund the $3.5 trillion plan. This includes major investments in education, childcare, and the fight against climate change. The tax plan would make several tax changes such as raising the corporate tax rate to 28% and restoring the top marginal individual income tax rate to 39.6%. It would also extend the expanded Child Tax Credit and provide tax credits to small business owners that buy health coverage through the Affordable Care Act. If you have questions about these changes or need help, please do not hesitate to call us at (832) 295-3353. You can also set up an appointment with us at https://xqcpa-bookme.acuityscheduling.com/schedule.php. Last but not least, please like and share our daily posts. #tax #taxes #taxplanning #smallbusiness #businesstaxes

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https://finance.yahoo.com/news/treasury-97-of-small-business-owners-wont-face-income-tax-increase-under-biden-tax-plan-181148435.html