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Authored by RSM US LLP
The Senate is negotiating significant tax changes as part of the Build Back Better Act. Amid much uncertainty, Democratic leaders hope for passage before the calendar flips to 2022. While final legislation remains in flux, the version of the bill the House of Representatives passed on Nov. 19 contains several tax changes that would affect higher income individuals.
Join us on Thursday, Dec. 16, as our policy and national tax teams take a deeper dive into the bill and ongoing negotiations with a focus on how business owners, family offices and individuals with high incomes can prepare.
During this session our presenters will discuss:
- An update of where tax legislation and provisions affecting individuals currently stand and their path forward on Capitol Hill
- A breakdown of what the House-approved provisions may mean to you as a wealthy individual or pass-through owner
- Planning options that may lessen the effect of proposed provisions affecting wealthy individuals or pass-through owners
- Insights on possible effective dates
- Potential obstacles and challenges to passage in the Senate
This article was written by RSM US LLP and originally appeared on 2021-12-16.
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