Build Back Better Act: Proposed Tax Changes by the House Ways & Means Committee Legislative Update

October 01, 2021 | Aimee O’Connor, CFP®, Managing Partner

The House Ways and Means Committee released 881 pages of a proposed bill that would make changes to the tax code impacting income, estate, and gift taxes on September 14th, 2021. The bill will most likely see some changes to reach a majority vote in the Senate, but even with some revisions to the current proposal, major tax reform is expected in 2022. In this legislative update, we provide a summary of potential tax code changes based on the most recently available information.

Read > Build Back Better Act: Proposed Tax Changes by the House Ways and Means Committee Legislative Update

 

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