So, I told you earlier that President Biden (and the Democratic Party) are considering a slew of new taxes to ensure that the Infrastructure Bills don’t accrue those bandied about $ 3.5 trillion expenditures.
Tag Archives: investment tax
For the self-employed or business owner
This is the year that business owners have been dreading. Oh, wait, successful business owners dread it. Because if your taxable (not GROSS) income exceeds $ 200K ($250K for married couples or $ 125K for those employing married filing separately [MFS] status), then you can be subject to the new ‘investment’ tax.