top of page

Why CEOs Are Worried About The Latest Tax Law Changes?

Based on the latest tax law changes, CEOs are getting worried about a potential increase in corporate tax rate from 21% to 26.5%. To make it worse, there are other challenges including the challenge to hire qualified workers and slow recovery from the pandemic. Democrats have proposed a higher corporate tax rate with the intent to use the tax dollars to fund a $3.5 trillion reconciliation bill to tackle US poverty. In addition, Democrats have also proposed adding back the top individual income tax rate to 39.6%, a 3% surcharge on individual income above $5 million, and a capital gains tax of 25%. If you have not started tax planning for 2021, now is the time to start before it is too late!

If you need help or have questions on how to get started, please do not hesitate to call us at (832) 295-3353. You can also set up an appointment with us at Last but not least, please like and share our daily posts. #tax #taxes #taxplanning #corporatetaxes #planning

Learn More:


Featured Posts
Recent Posts
Follow Us
  • LinkedIn
  • Facebook Classic
  • Twitter Classic
bottom of page