After the Georgia Runoff, What Tax Planning Should You Do NOW!
This article was originally posted on Steve Leimberg’s Estate Planning Email Newsletter as Archive Message #2854.
With the results of the Georgia runoff election, the Democrats control the House, the Senate and the White House. So, the potential for significant tax legislation increasing taxation of the wealthy along the lines of prior Democratic proposals might be likely to happen. What might those changes be? When might they be effective? What planning might you want to do now? Despite the uncertainty practitioners should act now to advise and guide clients. This newsletter will discuss many considerations concerning the advice practitioners might consider.”