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/PRNewswire/ -- Premier Financial Services – the nation's leading provider of specialty financing for exotic, vintage and luxury automobiles – said today that...
/PRNewswire/ -- Premier Financial Services – the nation's leading provider of specialty financing for exotic, vintage and luxury automobiles – said today that...
Like a lot of people my age, I find myself thinking more and more often about retirement these days. For me, the key to...
Talking Taxes: How to Prepare Clients for Upcoming Changes April 27, 2021 The U.S. tax landscape is shifting again. Recently, President Biden proposed one of the most significant tax hikes in roughly three decades. That sounds ominous, but it’s also an avenue for advisors to engage with clients on tax mitigation strategies and how to move forward in what could ultimately become a higher tax environment. “According to Bloomberg, to the extent the Biden plan focuses on individual income taxes, it targets the ‘wealthy,’” notes Nationwide’s Doug Ewing. “Consistent with his campaig...
On March 11, President Biden signed the $1.9 trillion American Rescue Plan Act into law. This comes on the heels of $2.6 trillion in COVID-related spending in 2020. According to the Government Accountability Office, the U.S. national debt hit $26.9 trillion as of September 30, 2020 with the $4.2 trillion increase over 2019 being the highest on record. 1 With this as background, it probably surprised very few people when Bloomberg News recently announced: “Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan.” 2 Yes, the prospect of higher taxes in our not too distant future i...