Recorded webcast

Tax policy update: Is the end in sight?

Dec 01, 2021
Event details
Date and time

Recorded, watch anytime

Intended audience

Tax professionals and finance executives

CPE credits

Not applicable

Event overview

The tax world’s eyes are on the Senate as it considers tax changes as part of the $1.75 trillion budget reconciliation legislation—also known as the Build Back Better Act. The House passed the bill Nov. 19, and now the Senate is expected to make changes. With a jam-packed December agenda in the evenly divided upper chamber, much uncertainty remains.

RSM’s tax policy team during a 32-minute webcast Dec. 1 provided a detailed update on the tax provisions in the House-approved bill and explained what to expect going forward.

Watch the full video below, noting the following times at which the team began to discuss various topics:

4:34 – Next steps in the legislative process ahead of an eventual Senate vote.

6:31 – The timeline for passage and factors influencing potential action in December.

9:53 – A by-the-numbers breakdown of tax provisions in the House-approved bill.

14:11 – Whether tax changes could be enacted retroactively if the bill is passed in 2022.

15:56 – Details of noteworthy tax provisions in the House-approved bill affecting:

  • individuals (16:08)
  • corporations (18:35)
  • partnerships (20:24)
  • transactions (23:19)
  • multinationals (24:11)
  • retirement plans (25:22)

30:14 – What taxpayers should consider doing now to prepare for the tax changes included in the bill or being negotiated.

Event recording and materials



Presenters
Event details
Date and time

Recorded, watch anytime

Intended audience

Tax professionals and finance executives

CPE credits

Not applicable