10/19/2021 | Press release | Distributed by Public on 10/19/2021 08:45
CHICAGO (Oct. 19, 2021) - There is a lot of uncertainty when it comes to 2021 tax planning on account of the shift in political control in Washington, the ongoing COVID-19 pandemic and evolving U.S. economic situation. To help navigate tax law changes and key tax provisions, Crowe LLP, a public accounting, consulting and technology firm in the U.S. with offices around the world, has issued "Tax Planning: 2021 Year-End Guide."
The guide provides an overview of key tax law provisions in recent legislation, such as the Consolidated Appropriations Act (CAA) and the American Rescue Plan Act (ARPA). According to Nicole Bencik, managing partner of tax at Crowe, on top of tax law changes that have already gone into effect, more major tax changes could be on the horizon.
"The past year and a half have been transformational, changing the way we live, the way we work and the way we do business. The only certainty is that more change is on the way," Bencik said. "Thriving in this environment means understanding the current rules, keeping abreast of potential changes and preparing for what might come."
The guide includes deeper insights on the following topics:
To download the guide, pleasevisit Tax Planning: 2021 Year-End Guide.
Crowe LLPis a public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory and consulting services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.