Trump Tax Plan Upends Year-End Tax Planning
Published Friday, September 29, 2017 at: 7:00 AM EDT
Eager for a major legislative win, the Trump administration and Republican-controlled U.S. Congress are planning a massive tax cut, the biggest rewrite of the U.S. Tax Code since 1986.
Between now and the end of the year, in a legislative and political process pregnant with uncertainty, some taxpayers are likely to come out as winners and others as losers. Year-end tax planning, which is pretty much the same exercise every year, has been upended, and ignoring now how proposed changes to tax rules might affect your personal situation could result in a costly mistake this year.
© 2023 Advisor Products Inc. All Rights Reserved.
- Key Senators Agree On A Road To Cutting Taxes This Year
- Countdown To Retirement: Seven Steps To Get Ready
- 5 Estate Planning Steps To Benefit Your Elders
- Year-End Tax Planning Could End With A Thrill This Year
- This Week's News About Wealth Management
- Stocks Dropped For Second Straight Week Amid Strengthening Economic Reports
- 17 Year-End Moves That Can Preserve Your Tax Benefits
- Finding The Balance For Retirement Draw-Downs
- Key Components Of A Post-Divorce Estate Plan
- With Stocks Near All-Time High, Personal Income And Employment Data Are Released
- How Strategic Asset Allocation And Rebalancing Worked In The 12 Months Ended June 30
- Wall Street's "Top" Strategists' Recommendations Are Like Monkeys Throwing Darts
- Five Documents At The Core Of An Estate Plan
- 10 Common Questions On Social Security Benefits
- Plan For Retirement At Different Stages Of Life