Biden Greenbook 2023 Budget FLEXCAST

Overview

This class from Lawrence Pon, CPA/PFS, CFP, EA, USTCP, AEP, will cover the Biden administration’s Greenbook and budget proposal for fiscal year 2023. The White House recently released its FY 2023 budget proposal and, in parallel, the Treasury Department issued its Greenbook - a 120-page explanation of all the proposed tax provisions. In this class, you will be taken through the aspirational tax highlights of this Greenbook and gain a better understanding of the Biden administration’s tax reform agenda.

Highlights

Corporate Tax Rate. Billionaire Tax. Capital Gain Recognition. Partnership Provisions. Estate and Gift Tax. International Tax Changes. 1031 Exchanges. Form 8938. Student Debt.

Prerequisites

None.

Designed For

CPAs, accounting staff, enrolled agents and tax practitioners.

Objectives

Corporate tax increase. Billionaire minimum income tax. Raise the individual income tax. Raise long term capital gains. IRS budget boost.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.