In this episode, Melissa Fradenburg and Hannah Near, CFP, ® CPA discuss the recently proposed tax legislation. With her master’s in accounting and experience in financial planning, Hannah offers valuable insight on how the proposed tax changes may affect various aspects of your financial picture. We will discuss potential changes to estate planning, retirement planning, and business tax filing status that you might want to consider before this legislation is signed into law.

You will learn:

  • What could the new top marginal tax rate look like and what income ranges would be affected.?
  • What can you do to prepare for a higher capital gains tax rate?
  • Who will be impacted by changes in pass-through and S-Corp rules?
  • Could Roth IRA conversions going away?
  • What is the proposed exemption amount for estate taxes?
  • Will the child tax credit from 2021 be extended?

Resources:

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