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Treasury Greenbook proposes to raise taxes on corporations and wealthy

The Treasury Department released its “Greenbook” detailing the tax proposals in the Biden administration’s budget, including plans to raise the corporate tax rate to 28% and levy taxes on the unrealized capital gains of “extremely wealthy” individuals.

The IRS s Voluntary Disclosure Practice (VDP): IRS Revises Form 14457 | Freeman Law

On February 15, 2022, the IRS announced that IRS Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, and the accompanying instructions to the form had been.

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