Tax Law Changes That Will Impact You When the Tax Cuts & Jobs Acts of 2017 “Sunsets” (Webinar) 10/17 HR

Tax Law Changes That Will Impact You When the Tax Cuts & Jobs Acts of 2017 “Sunsets” (Webinar)
Tuesday, October 17, 2023  |  12:00PM – 1:30PM
High-net-worth business owners and investors may be surprised at upcoming tax law changes that will be effective 1/1/2026. More importantly, what can you do today to take advantage of these disappearing tax benefits passed by the Trump Administration in 2018?

Topics covered:
– The Estate Tax Exemption that will be reduced from $12.9 ml. per person to ~$6.0 ml. per person. Tax rates on the excess are a Flat 40%
– How to use these lifetime or death time exemptions now before they disappear
– Why partial transfers to family, a trust, or other entities will not be of benefit and lost if not claimed by 1/1/2026
– How (happily) married couples can give away assets yet still have access to the income and principal
– The likelihood that Congress extends these tax credits?
– Increased Income tax changes scheduled; up to 39.6%
– The loss of the 20% Qualified Business Income deduction for owners of Pass-Through Entities such as LLC and S Corporations
– Secure Act 2.0 changes impacting retirees, savers, and business owners

Join Parker and Donald Hannahs, CFP®, of Oceanside Financial Strategies, along with Brad Bailey, CPA, of Cornerstone Valuation.

This workshop is recommended for all business owners.

SCHEDULE
Tuesday, October 17, 2023
12:00PM – 1:30PM

LOCATION
Virtual – Zoom
Attendees will be sent a Zoom link the day before the webinar

COST
Members $20
Non-members $35

CANCELLATION POLICY
Please note that a reservation constitutes a financial commitment unless cancellations are made 48 hours in advance. Substitutions are welcome at any time if the originally registered individual(s) can no longer attend.

Questions?
Contact Jamie Carrow

Donald S. Hannahs and Parker S. Hannahs are registered representatives of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors, a broker-dealer (member SIPC) and registered investment advisor.  Insurance offered through Lincoln affiliates and other fine companies.  Oceanside Financial Strategies is not an affiliate of Lincoln Financial Advisors Corp. Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. Cornerstone and Brad Bailey  are not affiliated with Oceanside Financial Strategies or Lincoln Financial Advisors. CRN-5819507-071923