In December of 2017, the Tax Cuts and Jobs Act (TCJA) was signed into law. Only four years later, another piece of major tax legislation is expected to be enacted. Like the TCJA, proposed 2021 tax legislation would be far-reaching and only require a simple majority in the Senate. Recently, the U.S. House Ways and Means Committee released the latest version of President Biden’s Build ...
Read More »Tag Archives: Joe Biden
Biden praises Mack, union workers and the Lehigh Valley for manufacturing success
President Joe Biden today lauded Mack Truck, the United Auto Workers 677 and the Lehigh Valley for their efforts in growing American manufacturing during a visit to the Lower Macungie Mack plant.
Read More »Child tax credit starts hitting US families’ bank accounts
WASHINGTON (AP) — The child tax credit had always been an empty gesture to millions of parents like Tamika Daniel.
Read More »PERSPECTIVE: Biden to seek tax changes on high earners, capital gains, some businesses
The Biden Administration recently released detailed tax proposals through the so-called Green Book. If approved, there would be big changes for high-income earners, on capital gains and for some business taxes.
Read More »PPP’s extension gave borrowers needed time to apply, funds expected to dry up before end date
An extension to the Paycheck Protection Program (PPP) from March to May allowed more time for small firms and businesses looking to draw from the program for a second time to benefit from it. But without additional funds, the program is expected to dry up soon.
Read More »Taxes, immigration and climate among issues to watch in Biden’s first 100 days, panelists say
Less than one month into the Biden administration, actions taken by the president have indicated a much more progressive approach to governing than in the conservative Trump administration.
Read More »Op-Ed: How the 2020 Election Impacted Commercial Real Estate
On November 3, the U.S. experienced a major divide when one of the most contentious elections in history took place between President Donald Trump and President Joe Biden. This is not to get into politics or election outcomes, but rather to focus on how President Biden’s changes will impact how commercial real estate is taxed.
Read More »Biden nominates Pa. Health Secretary Dr. Rachel Levine for position in his administration
Pennsylvania Secretary of Health Dr. Rachel Levine has been nominated by President-elect Joe Biden to be his assistant secretary of health, the Associated Press reported on Tuesday.
Read More »State chamber leaders weigh pros and cons of a Biden presidency
President-elect Joe Biden is on his way to the White House after winning both the popular vote and an estimated 306 electoral votes in the 2020 presidential election, but which Biden is the country going to get?
Read More »Joe Biden to visit Pennsylvania on Thursday
Democratic presidential candidate Joe Biden is expected to visit Lancaster County on Thursday to speak with families who benefited from the Affordable Care Act.
Read More »