The presidential election is over (we think) and it appears that Joe Biden will be the next President. With that being said, no one is sure if the tax plan Biden proposed during his campaign will make it through Congress as the Democratic Party only has a small majority in the House and the outcome of the Senate is still unknown right now.
Read our year-end newsletter for potential tax law revisions, a summary of the Payroll Protection Program, and tax planning ideas for the upcoming year.
