Tax Planning for Year-End 2020
With the Georgia Senatorial election outcome not to be determined until January, year-end tax planning for Americans will be more challenging than ever in 2020. Should Democrats win both Senate seats, they would be able to act unilaterally for the first time since 2010, setting the stage for major tax increases on businesses and high-income, high-net worth households.
Original Article Source Credits: CPA Practice Advisor , https://www.cpapracticeadvisor.com/
Article Written By: Dan Rahill
Original Article Posted on: Dec 16th, 2020
Link to Original Article: https://www.cpapracticeadvisor.com/tax-compliance/news/21202885/tax-planning-for-yearend-2020