Implications of Proposed Bipartisan Tax Legislation – January 2024

Bipartisan tax legislation is currently under consideration, known as the Wyden-Smith Tax Deal and the Tax Relief for American Families and Workers Act of 2024.   While this is still only PROPOSED legislation, many of the provisions could be RETROACTIVE.  Introduced on January 17, 2024 and quickly approved by the House Way and Means Committee on [...]