Tax News & Updates, Tax Planning, Tax Strategies, Arizona Tax Insights, Business & Corporate Tax, Financial Regulations, Financial Services Vanessa . Tax News & Updates, Tax Planning, Tax Strategies, Arizona Tax Insights, Business & Corporate Tax, Financial Regulations, Financial Services Vanessa .

GOP Budget Plan with $4.5 Trillion in Tax Cuts Pending Before the Senate: What This Means for You?

Recently it feels like changes to legislation are coming out of Washington every day, and here at Visibility CFO & Tax Advisors we have been eagerly watching for what impact new legislation will have on federal taxes. This week (on Tuesday, February 25th) the House of Representatives narrowly passed a budget resolution that proposes $4.5 trillion in tax cuts (alongside a $2 trillion reduction in federal spending over the next decade).

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