There are currently tax law proposals being discussed in Congress that if passed, could have a major impact on taxes.
In this episode, John and Michael Parise discuss the most recent tax law proposal put forth by Congress, specifically covering income tax provisions. They emphasize that these are just provisional changes and that they may not come to pass. However, you should plan accordingly with your financial advisors so that nothing comes as a surprise. Also, John shares details about their annual conference they held with their families!
John and Michael discuss:
- Their annual conference held with their families and guest speakers
- Tax provisions that may come to fruition
- Why business owners and high-income earners are moving to states without income tax
- Why you should be thinking about these tax provisions with your financial advisor
- And more