G7 Countries reached agreement on 15 percent minimum global tax rate
Finance ministers for the G-7 advanced economies (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) announced Saturday they have reached an agreement at the G-7 meeting…
President Biden proposed new minimum tax rate for corporations: instead of raising corporate tax rate to 28%, Biden has offered to create a minimum 15% for businesses.
During a private meeting on Wednesday, June 2, President Joe Biden proposed a new minimum tax rate for corporations, instead of raising corporate tax rates to 28%, Biden has offered…
Tax Hikes on high-income Americans?
President Joe Biden is contemplating new tax hikes aimed at high-income families to finance the second phase of his multitrillion-dollar infrastructure plans, according to people familiar with the discussions, Politico…
Federal Tax Filing and Payment Deadline Extension
#ICYMI: The federal tax filing deadline has been extended to May 17, 2021. While you now have more time, we still encourage all taxpayers to file their taxes now to…
President Biden promised not to raise taxes on people earning less than $400,000.
📷 President Biden speaks about the COVID-19 pandemic during a prime-time address from the East Room of the White House, March 11, 2021. (AP Photo/Andrew Harnik) Let’s take a look…