What Election Results Could Mean for Upcoming Tax Legislation

In this episode of Let’s Talk Tax, hosts TJ Sponsel and Dave McGuire are joined by guest Jerry Hammel to discuss predictions on tax legislation following the recent election. They explore the potential impacts of President-elect Trump’s policies, the Byrd Rule, and the challenges in making tax provisions permanent. The team covers key topics such as tariffs, the future of the TCJA, tax planning strategies for businesses, and the likelihood of changes to individual and corporate tax rates. They also touch on the importance of staying proactive in tax planning amidst a legislative environment filled with uncertainty.

Tune in to gain valuable insights for navigating the upcoming tax year and beyond.