Nov 12, 2021
The Infrastructure Investment and Jobs Act was approved in the
House of Representatives on Nov. 5, 2021 and is headed to President
Joe Biden's desk to be signed into law. The House passed the
legislation by a 228–206 vote after it passed the Senate by a 69–30
vote in August.
In this Tax Section Odyssey episode, April Walker, CPA, CGMA,
from the AICPA Tax Section, highlights major tax-related items
contained in the bill and shares several resources available for
practitioners to navigate the provisions.
What you’ll learn in this
- Status of the enactment of the Infrastructure Investment and
Jobs Act (0.25)
- Early termination of the employee retention credit (ERC)
- Cryptocurrency reporting (1.58)
- Build Back Better Act legislation status and related resources
- Additional AICPA year-end resources (4.31)
Year-End Tax Planning Letter for Individual Clients — Use this
letter template to get the conversations started with your
individual tax clients to help them take a fresh look at their
current and future financial health.
Year-End Tax Planning Letter for Small Business Clients — This
small business client letter template provides a handy list of key
considerations for this year that your clients need to factor in
for next year and a jumping off point for them to contact you as
their tax and financial planning adviser.
2021 Tax Year in Review Presentation for Clients — A
presentation to use as a touchpoint with your clients to update
them on various tax law changes and year-end reminders and
encourage them to talk with you about their long-term financial
plans. This template also works as a starting point for
presentations to networking groups, rotary clubs, chambers of
commerce and many other groups.
Marketing Toolkit — A toolkit to help you communicate with
prospects and clients throughout your career to help you
demonstrate your strength as a trusted adviser, assisting with all
aspects of your clients’ financial situations.
Build Back Better Act: Where we are now — Recorded on Nov. 8,
2021, Bob Keebler, CPA/PFS, reports on the latest with the Build
Back Better Act. Bob will also be speaking on a related
webcast on Nov. 17, 2021.
Note: If your podcast app does not hyperlink
to resources, visit https://taxodyssey.libsyn.com to
access show notes with direct links.
This episode is brought to you by the AICPA’s Tax Section,
your home base to maintain your professional edge. To learn more
about the Tax Section, check out aicpa.org/tax or sign
up for a free web