Summary of Proposed 2021 Federal Tax Law Changes
Burr Forman
JULY 21, 2021
President Biden has proposed major changes to the Federal tax laws, some of which are sought to be effective earlier in 2021 (i.e., As Congress is now considering these tax law change proposals, the following is a summary of some of the most important: Increase the corporate income tax rate from 21% to 28%.
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