Tax Hikes

As we approach the 2024 presidential elections, there is a growing sense of uncertainty about the future of various financial policies, especially those related to taxes. At the center of these discussions is the Tax Cuts and Jobs Act (TCJA) of 2017, a significant piece of legislation that brought about extensive changes to the U.S. tax code. With the TCJA set to sunset at the end of 2025, the upcoming election could have profound implications for your finances. The Political Landscape and Potential Changes President Biden has indicated a preference…