Description
In this class you will learn about leveraging changes to the tax code to save you money, now and later. We will discuss:
- Understanding the brand-new 2024 tax brackets, deductions and exemption amounts
- How to prepare for the massive changes that come next year with the expiration of the Trump tax cuts
- How to take the larger standard deduction and still get a benefit from charitable donations—even if you are not itemizing
- How to lock in today’s lower income tax rates so you cannot get hit by a tax increase later—ever!
- Critical IRA planning and changes to how your kids can inherit IRA and ROTH money
- How to use all of the legislative changes (5 major tax changes) to your advantage
- The catches in the “Qualified Charitable Tax-Free IRA Distribution” rules and how to benefit it even if you don’t have an IRA
