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Integrated Wealth Management
Posts tagged tax planning for 2020
Planning Newsletter - Oct 2020
  • Tax code changes often take place after major elections in which one party replaces the other.

  • The Biden tax plan has pledged not to increase taxes on taxpayers earning less than $400,000 a year.

  • It proposes to eliminate the step-up in cost basis on assets at death.

  • It is important to be familiar with the current tax code and any changes that may be enacted so you can plan accordingly.

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