Tax Cuts and Jobs Act Resources

Many tax provisions in the Tax Cuts and Jobs Act (TCJA) are set to expire soon, which could cause major changes for businesses and individuals. Proactive planning is essential.
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MAJOR TAX CHANGES
What is your TCJA impact?
Explore what’s set to expire on December 31, 2025. Early planning could help reduce your tax impact and preserve wealth.
  • Estate and gift tax
    The lifetime gift exclusion is scheduled to go from $14 million to an estimated $7 million.
  • This deduction is set to expire, which could increase the marginal federal income tax rate on your pass-through business income from 29.6% to 39.6%.
  • Most individual tax rates are scheduled to revert to the higher pre-2018 rates. The brackets will also be compressed, causing higher taxes at lower income thresholds.
  • Itemized deductions
    The standard deduction is scheduled to be cut in half, bringing itemized deductions back into consideration, for many, especially with changing SALT and mortgage interest deduction limitations.
YOUR TAXES
Start saving today
Do you own a business, have assets to transfer, or have a tangled personal tax situation? Discover ways to reduce the negative effects of the upcoming TCJA expiration.
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TAX CUTS AND JOBS ACT RESOURCES

Plan to save
Complete this form to connect with our tax strategy team. We can help you create a proactive strategy to respond to potential tax law changes.