Category: Tax Provisions
27 October 2021 - 16:22, by , in Estate Planning, Estate Tax, Tax Provisions, Comments off
Build Back Better Act.  The House Democrats have proposed the Build Back Better Act that would contain the following tax provisions (subject to further change) Increase top individual income tax rate to 39.6% 3% surcharge on income greater than $5M Increase capital gains rate to 25% Limitation on 199A pass through income exemption Increase top...