Listen in as Cherry Bekaert’s Brooks Nelson and Sarah McGregor review the proposed tax provisions outlined in the American Jobs Plan, 2021. They are joined by the firm’s partners Brian Dill, International Tax Practice leader, and Ron Wainwright, Federal Tax Credits and Accounting Methods team leader. The group addresses the legislative process for this proposed bill, the potential impact of tax rate increases, and a change in direction raising U.S. taxes on offshore income. Brooks and Sarah kick off this session with a brief conversation on IRS Notice 2021 – 21 postponing the tax due date for individual taxpayers.