Ways and Means releases list of tax provisions for budget bill

Tax laws are evolving and we want to ensure you are as prepared as possible for any changes that affect you or your planning.

This article highlights many of the provisions from the budget reconciliation bill known as the “Build America Back Better” act. Read more here: https://www.thetaxadviser.com/news/2021/sep/tax-provisions-budget-bill-build-america-back-better.html

Notable highlights include changes to capital gains, GILTI and FDII, and retirement plans.

VSH CPAs will continue to monitor any changes. We encourage you to contact us with any questions.

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