- Tax Planning, Estate Taxes, Charitable Trusts
How to Prepare for the Expiration of the 2017 Tax Cuts and Jobs Act!
Date & Time
- July 11, 2024 @ 12:00 PM (PST)
Description
- Brace for 2025's new tax landscape with the sunset of the Tax Cuts and Jobs Act! Key provisions are expected to shift, with the standard deduction and the $12.92M exclusion for estates and gifts potentially being cut in HALF. For a 32% tax-bracket individual earning $200K annually, this could result in an extra $2,032 in annual income tax. A $10 million estate could face $1.4 million in estate taxes under the reduced exclusion limit. But with challenges come opportunities! In this webinar, leading attorney and author Jim Cunningham provides insight and guidance for this pivotal moment. Get informed and be prepared to navigate the new tax landscape with confidence!