Simply Tax Talks | November 30, 2021 [Video]

The possibility of significant tax change is front and center as Congress continues work on a two-part legislative package that would advance many of President Biden’s “Build Back Better” (BBB) agenda. Join Simply Tax® host Damien Martin, BKD Trusted Advisors™ Yelena Bosovik and Tad Goodenbour, and industry guests for a new weekly livestream on YouTube. Here’s what we covered in our third session:

• What’s the latest on the $1.2 trillion bipartisan infrastructure bill known as the “Infrastructure Investment & Jobs Act” (IIJA”?
• As Tad predicted, the House did not amend the Senate’s version of the bill. What does this mean for the employee retention credit?
• What’s next for the IIJA and the BBB?
• What are some of the changes to the tax-related provisions included in the latest version of the BBB legislative text?
• What year-end tax planning upon us, how should you approach these important conversations given the uncertainty?
• What are Tad and Yelena watching in the week ahead?

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Disclaimer: The information contained in this Simply Tax® production is based on data available as of the date of its release and is not to be considered as tax, legal, or financial advice. Applying specific information to your situation requires careful consideration of facts and circumstances, and BKD is under no obligation to update this content if changes occur. Please consult your tax, legal, or investment advisor before acting on any matters covered. © 2021 BKD CPAs & Advisors. All Rights Reserved