2021 Year-End Tax Guide

This Marcum 2021 Year-End Tax Guide provides an overview of many of the issues affecting individuals and businesses and how to approach tax strategy and planning for 2022. 

 

With the benefit of 12 months now behind us and a new Administration seated in Washington, we can say with certainty that there is still a great deal of uncertainty. Our economic, regulatory and political environments remain in great flux. A flurry of both newly enacted and proposed legislation intended to alleviate financial stress on businesses and individual taxpayers and to provide economic stimulus have opened a Pandora’s box of competing interests and philosophical divides about fairness in our taxation system, and how to apportion responsibility for righting our country’s economic ship.

 

The big picture reveals visceral challenges for many industries and many of our clients. How taxpayers will be impacted and what measures you employ to continue to thrive and remain nimble amid the confusion underscores the extreme importance of planning for various scenarios.