Tax Cuts to Expire, Tax Credit Seeks Permanency, and Workplace Harassment Prevention
Oct 12, 2023
Business owners might be seeing higher tax rates by 2025
Summary
With tax cuts from 2017 already starting to expire and fully set to sunset in 2025, business owners might be seeing higher tax rates or fewer exemptions on their estates. Gene Marks says this could be significant if Congress doesn’t act. Meanwhile, the New Market tax Credit program is also going to go away in 2025 if it is not made permanent, as will the projects and jobs it funds in rural and urban areas. A comment period has opened on new guidance on workplace harassment, especially around virtual workers. Gene suggests talking to legal counsel and HR experts to update your policies. Listen to the podcast.
Listen here: https://www.paychex.com/worx/podcasts/business/tax-cuts-tax-credit-and-workplace-harassment
