Tax in Motion 2024 series: Tax planning forum

Today’s tax landscape features a crossroad, with the path forward heavily dependent on the outcome of upcoming presidential and congressional elections. The new government will have the impetus to shape federal tax policy, especially given the scheduled expiration next year of more than 30 provisions in the 2017 Tax Cuts and Jobs Act (TCJA). Proactive planning well in advance of the end of next year is essential. Watch this on-demand recording where we explore potential shifts—including in corporate and capital gains tax rates and other federal tax policy—and their potential impact on businesses and individuals.

By the end of this session, participants will be able to:

• Recognize the implications of potential changes in federal tax policy, including the expiration of provisions in the TCJA.
• Develop proactive planning techniques to mitigate risks related to potential changes in corporate and capital gains tax rates.
• Analyze tax policy shifts driven by the upcoming elections to stay ahead in business and individual tax planning.
   

In a dynamic regulatory environment, effective tax planning is more crucial than ever. This on-demand recording will guide you through optimizing your federal tax positions by making strategic decisions on accounting methods, leveraging available tax credits and staying ahead of IRS considerations. We also cover the implications of evolving tax policies to help you stay proactive in minimizing liabilities and enhancing your business’s financial performance.

By the end of this session, participants will be able to:

• Identify strategic accounting methods to optimize federal tax positions.
• Leverage tax credits to minimize liabilities and improve financial performance. Learn about the tax insights we captured from our recent RSM Middle Market Sustainability Survey 2024. 
• Analyze evolving tax policies and IRS considerations to stay proactive in tax planning.
   

As 2024 comes to a close, understanding the effects of the current economic and legislative changes on your tax planning is crucial for individuals and business owners. In this on-demand recording we dive into planning ideas in preparation for the expiration of certain TCJA provisions, proposed legislative changes and potential outcomes from the upcoming elections. We also discuss how these issues could affect your income tax, charitable giving, business succession and estate planning.

By the end of this session, participants will be able to:

• Identify the effects of expiring TCJA provisions and proposed legislative changes on tax planning.
• Evaluate the impact of proposed legislative changes on income tax, charitable giving, business succession and estate planning.
• Prepare for potential tax outcomes based on upcoming elections to optimize personal and business strategies.