Manchin - Schumer Tax Update: Inflation Reduction Act - Now Passed
From 'Build Back Better' to 'Inflation Reduction'
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Gerry O'Connell is Tax Planning Partner and an Enrolled Agent (EA), the premier tax accreditation recognized by the IRS. Areas of special interest include estate planning strategies, retirement planning, real estate tax minimization and US reporting of assets held overseas.
From 'Build Back Better' to 'Inflation Reduction'
Sell Your Highly Appreciated Assets Tax-Efficiently
Tax-Deductible Interest
The Mega Backdoor Roth Contribution
2021 Tax Filing: Due Dates & Reminders
New Tax Proposals - Good News for Most Taxpayers - Not Much is Scheduled to Change
November 2021 Update
President Biden’s new tax proposals to the Build Back Better Act are expected to go to the floor of the House of Representatives for a vote in November. After that, the bill will go to the Senate where a lot of hard bargaining is anticipated.
New Tax Proposals - July 2021 Update
President Biden recently announced more details on new tax proposals to fund the American Families Plan that includes expanded education, child care, paid leave, and other reforms. The proposals would raise $1.5 trillion over a decade.
New Tax Proposals - May 2021