Pillsbury Winthrop Shaw Pittman LLP, has made available for download their article, “Potential Tax Law Overhauls in 2021: Summary and Planning Recommendations”, published in JDSUPRA. The abstract begins as follows:
Tax planning takes on increased significance when federal and local governments begin announcing proposals to raise revenues in advance of enacting legislation aimed to increase taxes. This year, we are seeing a continued effort at a federal level to tax those deemed “wealthy,” including the proposed For the 99.5 Percent Act, and STEP Act, along with the Biden Administration’s revenue proposals in the recently released Green Book. These proposals, as well as planning recommendations in light of potential tax law changes, are described below.
Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal
