Should you worry about tax increases? Maybe not
It’s a safe bet that taxes won’t go down in the current administration, but fixating on where capital gains rates might land is an unproductive distraction. In Kiplinger, Stephen Eckert discusses why business leaders should focus on business growth instead.
However, as 2022 progresses, the tax legislation spurring those actions faces a highly uncertain future. And for business owners and investors who were facing increases, the most recent drafts of the Build Back Better Act suggest several future planning options to mitigate the pain.