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Tax Moves To Prepare For A “Richter 9” Shift In Tax Policy

2016-11-27 19_19_01-Morguefile free photographs for commercial use“We think this is a policy shift of enormous magnitude. If Reagan was a Richter 8, this is a Richter 9.” This is how one financial planner cited in today’s article sizes up the tax changes that will come under President Trump and the GOP-controlled Congress. While the general advice is to defer income and accelerate deductions, what specific moves relating to the alternative minimum tax, charitable contributions, estate taxes and the net investment income tax are financial advisors recommending their clients make now in anticipation of impending tax reform? CLICK HERE to find out.