The election of President Joe Biden has raised questions within the tax space about what policies and requirements might change. And with a slim Democratic majority in Congress, there are also questions about how the Biden administration could go about achieving its tax-related objectives.
The urgent need to address the fallout from the COVID-19 pandemic means it’s unlikely that we will see any major tax legislation in the first half of 2021. However, President Biden might seek to make tax policy changes in the form of new regulation and administrative action.
In this webinar, specialists from the Crowe Washington National Tax Office provide insights into tax changes that the Biden administration is likely to pursue in the near term – and how it might attempt to accomplish those changes.