Overview
Event Details
Join Steptoe for a complimentary webinar for individuals, family offices, and closely held, family-run businesses discussing the key issues of the Biden tax proposals, and subsequent legislation being proposed in Congress. What do they mean for individuals and businesses and how can we shape future tax proposals?
Date: Tuesday, March 9, 2021
Time: 1:00 p.m. - 2:00 p.m. ET
Couldn't make it? Sign up here and receive the link to listen on demand at a time that suits you.
During this interactive program, you'll hear from the firm's tax and private client team in addition to our tax policy lead, George Callas, a former senior tax counsel to former House Speaker Paul Ryan. George will share his insider's perspective on the initiatives coming from Congress and the Biden administration, and we'll discuss how these tax and legislative developments may impact you.
Speakers:
- George Callas, Managing Director in Steptoe's Government Affairs and Public Policy practice; and former Senior Tax Counsel to former Speaker Paul Ryan
- Gregory Kidder, Partner in Steptoe's Tax practice
- Beth Tractenberg, Partner and head of Steptoe's Private Client practice
Topics for Discussion Will Include:
Key Potential Changes – Trusts and Estates
- Reduced Lifetime Gift or Estate Tax Exemption
- Elimination of Stepped-Up Basis for Capital Gains at Death
Key Potential Changes – Income and Corporate Tax
- Increased Top Individual Income Tax Rate
- Elimination of Capital Gains Preference
- Phase Out of Business Income Deduction for Taxpayers Making +$400K
Congressional Insider's Perspective
- Experience on Capitol Hill
- Procedural Background
- Current Political Environment
- 2021 Key Takeaways
