Changes in the federal tax laws have provided a renewed focus on state income taxes and strategies available to minimize these taxes.While personal trusts have been used most commonly as estate and gift tax planning vehicles, they now have increased importance as tools for minimizing a family’s federal and state income tax liability.
As a business owner, it’s important to understand how the new tax law changes can work to your advantage. Hear from our experts on current opportunities they see one year in under the new law.Please see important disclosures at the end of the video.
January 31, 2019– Chairman Powell and the Federal Reserve pushed a message of “patience” after its meeting yesterday, meaning the central bank does not expect to raise interest rates for several months. This is entirely justified by the U.S. economic data, the slowdown abroad, and the numerous risks that lurk. The Fed also gave some more transparency about its willingness to slow down the ongoing normalization of its balance sheet.