President Elect Biden’s Major Tax Proposal

President Elect Biden’s Major Tax Proposals By Bill Bischoff in MarketWatch.com 1. Higher maximum rate  The pre-election Biden tax plan would raise the top individual federal income rate on ordinary income and net short-term capital gains back to 39.6%, the top...

Congress Passes New Coronavirus Relief Bill

Action Taken: Late on December 21, Congress approved H.R.133, a bill containing $900 billion in new coronavirus crisis aid. The coronavirus crisis measure—the product of some eight months of struggle by lawmakers—was attached to H.R.133, an omnibus spending bill that...

Pelosi’s $3 Trillion Wish List

Click Here to access all Coronavirus (COVID-19) Relief posts! House Passes Next Relief Bill When House Speaker Nancy Pelosi announced the $3 trillion coronavirus spending bill that was written and passed by House Democrats Friday night, most people understood that it...