In recent decades, one of the top priorities for every newly inaugurated U.S. President has been tax reform, and the Biden administration is no exception. It is reported that Biden is planning to comprehensively overturn Trump's tax cuts, proposing the most significant tax increase in the United States in nearly 30 years! As the 46th President of the United States, Biden advocates for appropriate tax increases on the wealthy, and his tax reform plan has become a key topic of discussion!
Tax planning has always been one of the important factors for investors considering immigration, especially for high-net-worth individuals and families in China. Given the complexity and variety of U.S. taxes, financial and tax planning is a crucial step for those who have already applied for U.S. investment immigration but have not yet landed in the United States.
So, is Biden's tax reform plan really about "robbing the rich to help the poor"? Which tax policies might change, and which will remain? Will new immigrants have to pay more taxes? What exactly is the U.S. tax system like? How do you file and pay taxes, and how do you manage key deadlines? How should one conduct financial and tax planning before and after immigration? How can one reasonably plan for gift and estate taxes? ...
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March 31 (Wednesday) 15:00
Decoding the Biden Administration's Tax Reform Plan and Tax Planning Strategies
Online decryption by renowned U.S. Certified Tax Professionals and Estate Planners
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