Webinar
Post-election Coverage of Potential Tax Changes and Planning Strategies
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Friday, November 29, 2024
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2.00CREDITSTaxes
This program will cover what we anticipate will be new tax developments and planning strategies in light of the results of the 2024 presidential and congressional elections. Our panelists will analyze the tax changes proposed by the winning presidential candidate and discuss the prospects for enactment of such proposals, taking into consideration control of the Senate and the House of Representatives. We will also discuss the possibility of tax legislation being enacted between the election and the swearing in of the new president. We will also discuss the possibility of re-enactment of provisions of the Tax Cuts and Jobs Act (TCJA), as well as expiring provisions not enacted as part of the TCJA.
Objectives
- Thoroughly understand the possibility of tax changes in light of the results of the 2024 elections
Highlights
- Prospects of a lame duck session of Congress enacting tax legislation
- The tax reform agenda of the president-elect
- Determining the impact of a unified or divided government on the prospects of enacting tax legislation
- The new political environment and how it will impact chances for enactment of new and continued (TJCA) tax legislation
- Extension of some or all of the TCJA beyond 2025
- Chances of enacting other expiring provisions in addition to the TCJA expirations
- When and how to take advantage of expiring provisions of the TCJA
- Tax strategies that can be employed before the end of 2024 and into 2025