|As election season draws to a close, it’s a great time to review what type of legislative support would be needed to pass certain policy proposals that may come forward from the Biden Administration.
It’s important to remember that legislative changes take time, and it remains unclear what initiatives may take priority in the months ahead, especially with the ongoing pandemic.
It would also be foolish to think that the 117th United States Congress won’t move forward with some new ideas and proposals. As has been said, “elections have consequences.”
Let’s take a closer look at some of the policy proposals and what they require to pass:
If you are concerned about one or more of these potential policy initiatives, please give us a call. We’d welcome the chance to hear your perspective, and hopefully, we can provide some guidance.
|1. WStreet.com, January 8, 2021|
|This article is for informational purposes only and is not a replacement for real-life advice, so make sure to consult your tax, legal, and accounting professionals before modifying your overall tax strategy.
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