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Tag: joe manchin

How The Inflation Reduction Act May Affect Your Taxes

Posted on August 15, 2022November 8, 2022 by DT

It is noteworthy that lawmakers claim that the IRA does not raise taxes on small businesses. But that doesn’t mean entrepreneurs aren’t affected by the law. A few key changes you should keep an eye out for are listed below.

Reconciliation Bill to Remove Carried Interest Tax Provision

Posted on August 5, 2022November 8, 2022 by DT

Senator Kyrsten Sinema announced Thursday that she would support the Democrats’ social spending and tax bill after previously holding out on the deal that Sen. Joe Manchin and Senate Majority Leader Chuck Schumer.

Build Back Better Reconciliation Bill Has a Surprise for Employers

Posted on August 1, 2022November 8, 2022 by DT

Hidden in the “Build Back Better” Budget Reconciliation Bill is a section that could change the whole retirement system in the U.S. A retirement plan must be offered by employers with five…

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