Rising debt may drive future higher taxes
At some point, the debt trajectory will drive discussions on Capitol Hill to increase revenue, which could result in higher taxes.
Tag: tax rates
How to avoid a misstep with a backdoor Roth contribution
It is important to note there are some potential mistakes to be avoided when executing a backdoor Roth strategy.
Key tax figures for 2024
In reviewing tax and financial plans, taxpayers will want to consider key tax figures that are changing in 2024.
Tax planning is a focus for all seasons
Staying focused on tax planning can help individuals find ways to improve their tax situation throughout the year.
Key tax figures for 2023
Due to the surge in inflation, many key tax figures annually adjusted for inflation will increase in 2023.
Wealth management in the context of a fluid situation in Washington
Wealth management professional Bill Cass provides an update on the status of tax and spending proposals in Washington.
Video: Consider a Roth to prepare for future taxes
With the possibility of future higher tax rates, investors may want to consider strategies that can be implemented now such as a Roth IRA conversion.
Video: Tax rates may rise in the future
With the current economic pressures, some investors may be focusing on the tax landscape and the possibility of higher tax rates
Putnam pros discuss taxes in the run-up to the election
Putnam’s wealth management professionals share their views on taxes, the markets, fiscal policy, and the November election.
Video: Where are tax rates headed?
The need for additional government revenue will pressure lawmakers to raise tax rates in the future.