The Biden Tax Plan
For those with taxable incomes above $400,000, expect higher ordinary income tax rates, additional payroll taxes, capped itemized deductions, and a phase out of Qualified Business Income deduction.
For those with taxable incomes above $400,000, expect higher ordinary income tax rates, additional payroll taxes, capped itemized deductions, and a phase out of Qualified Business Income deduction.
Given the recent economic turbulence that veterinary practice owners, and the veterinary industry in general, have been experiencing, the time is ideal for a Veterinary Practice Appraisal.