Infrastructure Bill Passes, Build Back Better Act Vote on the Horizon

On November 5, 2021, Congress passed a $550 billion Infrastructure Investment and Jobs Act. This bill is separate from the Build Back Better Act, which includes the highly discussed and more significant tax proposal changes. Read on for a summary of tax changes passed by the infrastructure bill and proposed changes from the Build Back Better Act.

Build Back Better Act – What Is in and What Is out?

Source: RSM US LLP.  PBMares is a member of RSM US Alliance. With the coronavirus pandemic consuming attention and companies focusing on implementing safety, readiness and response measures, a surge in potentially harmful phishing scams has emerged.

2021-11-09T11:14:15-05:00October 30, 2021|Categories: Accounting, Tax: Business, Tax: Individual|Tags: , |

The Build Back Better Act’s Dozen Tax Changes (UPDATED)

There are many tax changes proposed in the Build Back Better Act. PBMares has detailed a dozen tax changes (including an update October 28th) that would change the tax landscape and would require many taxpayers to re-evaluate their tax positions.

2021-11-02T08:06:02-04:00October 29, 2021|Categories: Tax: Individual, Tax: International, Tax: State & Local|Tags: , , |
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