April 2021 – New Creative Solution

Corporate Tax Code Changes

At A Glance The recent 2021 tax plan issued by the White House calls to increase the corporate tax rate to 28 percent from the current 21 percent established in the previous administration’s 2017 tax plan. Prior to the 2017 tax rate changes the rate remained at 35%. The Internal Revenue Service publishes data on…More

White House Tax Plans 2021

Plan Highlights The White House on March 31st, 2021; releases the American Jobs Plan that calls for action and expresses concern over infrastructure specifically bridges, roads, electric grids, water systems, care-giver workers, collective bargaining organizations, high-speed internet and housing. Additional issues include the status of the United States in Manufacturing, Research and Development (R&D), and…More