President Biden Includes Retroactive Tax Increase in Budget Proposal

Share!

IA Magazine - Jun 02, 2021

Importantly for Big “I" members, the budget includes proposals to increase the corporate tax rate, capital gains tax and an end to the "stepped-up basis" allowing the tax free passing of investments to heirs at the time of death....

Read Full Article

Recommended Articles

Data Privacy Framework Examined by House Financial Services Committee

Posted: Mar 18, 2026

The hearing also explored potential reforms to the Gramm-Leach-Bliley Act to ensure effective and un...

Fannie Mae and Freddie Mac Roll Back Property Insurance Requirements

Posted: Mar 18, 2026

For more than a year, the Big “I” worked constructively with Fannie Mae and Freddie Mac to revise th...

AI Tools Fuel New Era of Insurance Fraud, According to Verisk

Posted: Mar 17, 2026

One in three consumers would consider digitally altering their claim photos or documents, according...