Get Your House In Order – Goodbye Tax Season, Hello Tax Planning for 2024

As we approach the first week of May with tax season behind us, it’s the perfect time to look ahead. With the Tax Cuts and Jobs Act set to expire at the end of 2025, some big changes are in store for the next two years from a tax standpoint. In today’s episode, Don will dive into the changes you need to be aware of for 2024 and beyond.

 

Here’s some of what we discuss in this episode:

• Changes in the capital gains rule for homeowners + potential planning mistakes with property ownership
• The evolution of the taxation of Social Security benefits over the years
• The importance of integrating Social Security decisions into an overall retirement plan
• Keeping an eye on federal and state estate taxes + the importance of comprehensive estate planning

 

Get in touch with Don and learn more: https://doncashpodcast.com/