There has been talk of both long-term and short-term capital gains being taxed at very high Federal Rates by the Biden administration.
19th February 2021 | 10:37
In the United States, there is much uncertainty following the election of Joe Biden as President. Many new and controversial policies have been imposed through Executive Order, while Congress has been fixated with Impeachment Proceedings and political theatre. Small business has been devastated by sweeping lockdowns in some states and the Covid relief package still in train. In this world, nothing is certain except death and taxes,” Benjamin Franklin.
There has been talk of both long-term and short-term capital gains being taxed at very high Federal Rates by the Biden administration.
Blake Christian, a partner at Holthouse Carlin & Van Trigt joins us to discuss Biden’s tax hikes and the impact on investment.
Blake, a national Top 25 OZ influencer, is a tax partner at HCVT LLP in Long Beach, California, and Park City, Utah.Blake has over 35 years of experience providing tax consulting and compliance services to clients that include multinational, publicly traded corporations, as well as closely held owner-managed businesses. He has specialized in federal, state and local tax incentive programs, and is leading the firm’s efforts in providing tax consulting services for Qualified Opportunity Zones (QOZs).
Blake’s industry experience is broad and includes manufacturing and distribution, service companies, restaurant, shipping and transportation, energy and health care.