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  • Kiplinger

    Are You Taking Advantage of the Current ‘Tax Holiday’?

    by Kurt Fillmore, Investment Adviser Sep 12, 2021 3 minutes

    The Tax Cuts and Jobs Act of 2017 (TCJA) made significant reductions in individual income estate taxes, benefiting many Americans. But with a new administration and new tax proposals from President Biden’s office, some may be worried about possible changes to their tax rates.

    What many people are overlooking is that the TCJA has a sunset provision at the end of 2025. At that time, tax rates will revert to the higher rates of 2017 – or perhaps even higher, considering our mounting national debt. While some may be concerned with future

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