Originally Published in the Nebraska CPA Magazine Pub. 4 2022 Issue 2. Many new business owners are excited by the flow-through treatment of income and loss as well as the self-employment tax savings that can be available to entities that elect to be taxed under Subchapter S of the Internal […]
The Closer – M&A, Securities & Corporate Counsel
House of Representatives Passes Build Back Better Act After Congressional Budget Office Releases Cost Estimate
on Friday, 19 November 2021 in
The Closer - M&A, Securities & Corporate Counsel: Kevin P. Tracy, Editor
On November 18, 2021 the Congressional Budget Office (“CBO”) released its cost estimate for the revised version of the Biden Administration’s Build Back Better Act (the “Act”), and the House passed the Act the morning of November 19. The package is estimated to cost $367 billion over 10 years. To […]
House Ways & Means Committee Tax Proposal – Business Tax
on Wednesday, 15 September 2021 in
The Closer - M&A, Securities & Corporate Counsel: Kevin P. Tracy, Editor
On September 13, 2021, the U.S. Ways and Means Committee released draft legislation advancing a number of tax increases and changes. The proposed changes would help to pay for the social and economic policies advanced in the $3.5 trillion budget reconciliation package Congress has been working on, which the Democrats […]
House Ways & Means Committee Tax Proposal – Estate and Gift Tax
on Wednesday, 15 September 2021 in
The Closer - M&A, Securities & Corporate Counsel: Kevin P. Tracy, Editor
On September 13, 2021, the U.S. Ways and Means Committee released draft legislation advancing a number of tax increases and changes. The proposed changes would help to pay for the social and economic policies advanced in the $3.5 trillion budget reconciliation package Congress has been working on, which the Democrats […]
House Ways & Means Committee Tax Proposal – Individual Income Tax
on Wednesday, 15 September 2021 in
The Closer - M&A, Securities & Corporate Counsel: Kevin P. Tracy, Editor
On September 13, 2021, the U.S. Ways and Means Committee released draft legislation advancing a number of tax increases and changes. The proposed changes would help to pay for the social and economic policies advanced in the $3.5 trillion budget reconciliation package Congress has been working on, which the Democrats […]
