Insights
How Will Biden’s Tax Plan Affect Individuals’ Making Under $400K Annually?
There has been A LOT of talk with our clients on the proposed Biden administration tax policy. This may affect people VERY differently based on if you make UNDER or OVER $400k annually. Biden’s tax plan focuses on raising taxes on corporations and affluent households, while increasing credits for moderate-to-lower-income households.
How Will Biden’s Tax Plan Affect Individuals’ Making Over $400K Annually?
There has been A LOT of talk with our clients on the proposed Biden administration tax policy. This may affect people VERY differently based on if you make UNDER or OVER $400k annually. Biden’s tax plan focuses on raising taxes on corporations and affluent households, while increasing credits for moderate-to-lower-income households.