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In this week's episode of the Last Paycheck Podcast, CFP Professionals Rob and Archie Hoxton dive into the impending expiration of the significant 2017 tax law changes and their potential impact on taxpayers. With the 2025 sunset date looming, they highlight the importance of planning ahead for what could be a substantial shift in tax brackets, deductions, and estate planning rules. The episode covers the nuances of the marginal tax bracket adjustments, the reduction in standard deductions, and the return of personal exemptions.
Rob and Archie also discuss the implications for small business owners, charitable giving, and estate planning thresholds. They emphasize the necessity of consulting with financial planners and CFP Professionals to navigate these changes effectively. This engaging and informative episode is a must-listen for anyone seeking to understand and prepare for future tax implications. Tune in to ensure you're well-prepared for the potential changes ahead.
Call or text Hoxton Planning & Management: +1 (304) 876-2619 and visit their website www.hoxtonpm.com
Watch on YouTube: https://youtu.be/Mtr_llXuMFw
Listen in on conversations with CFP Professionals Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.
Visit: http://www.thelastpaycheck.com
Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.