What Have You Done?
The countdown started in December 2017 when President Trump signed the Tax Cuts and Jobs Act (TCJA) aka the Trump Tax Cuts.
This legislation created the lowest tax brackets for many of us in our lifetimes. It’s the largest overhaul made in the last 30 years to the tax code.
Many of the tax benefits are set to expire in 2025. At this point when you wake up on January 1, 2026, the party will be over. That’s 52 months from now. We still have 5 filing years to take advantage of these historically low tax rates.
- Do you know how the cuts help you?
- Do you know what you’ll lose starting in 2026?
- What have you done to lower your future tax burden since the Trump Tax Cuts were signed?
- What are you doing this year to take advantage of this opportunity?
- What strategy(ies) will you employ over these fleeting years?
Do you have a plan? Should we talk and create your best strategy?
