Many of the Tax Cuts and Jobs Act (TCJA) of 2017 provisions which reduced income taxes for all of us are set to expire December 31, 2025 if congress does not vote to extend them. Given the poor job the US Congress does to take action and the historically high US debt: I think it is likely the tax rates will go back up.

It’s time to plan. Good news is you have 2 years. Start planning now. Want help? Reach out to us to educate you on the potential changes and let’s partner with you and your CPA to see what steps you should look at taking.

Make it a great holiday week!

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