Tax Policy under Biden: What to Expect in 2021 and Beyond

What are the dramatic effects of the Biden Administration’s enactment of significant tax proposals under Democrat-Republican (50-50) control? When can we expect new COVID relief? Should corporations make structural changes or change their business operations based on these proposals?  How can taxpayers take proactive steps to advocate for workable tax policies?  In our special episode, Thomson Reuters own Melissa Oaks speaks to tax policy expert Michael Mundaca, US National Tax Department Leader for EY Americas. We get an insider’s look at what to expect in the first one hundred days and beyond, as well as key takeaways on how organizations can strategically plan for the future. Michael served at the US Treasury Department as the Assistant Secretary for Tax Policy, heading the Office of Tax Policy under Treasury Secretary Tim Geithner and President Obama. He offers valuable advice and insights on how corporations can influence policy and think more holistically in the years ahead. Questions? Contact us Additional Resources: About Michael Mundaca Melissa Oaks’ Twitter page A Run Through of the Payroll-Related Provisions of the Latest COVID-19 Law Consolidated Appropriations Act, 2021: analysis, tools, client letters, and the latest guidance [Direct link for subscribers] Washington in 2021– What’s on the policy agenda? Year-end 2020 COVID and omnibus legislation