15min chapter

Wealth Formula by Buck Joffrey cover image

491: Tom Wheelwright – Tax Changes Coming for 2025!

Wealth Formula by Buck Joffrey

CHAPTER

Tax Changes on the Horizon

This chapter explores the implications of proposed tax changes set to occur by the end of 2025, focusing on contrasting tax philosophies of Republicans and Democrats. It discusses specific reforms such as the return of the alternative minimum tax and potential impacts on business owners and entrepreneurs. The conversation also covers challenges faced by the IRS and the unpredictability of future tax policies, emphasizing the importance of strategic tax planning amidst these developments.

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