Tax Code – WealthPoint

Private Placement & Tax Mitigation

By logicaladminFinancial Planning, Income Tax, Life Insurance, Tax Code

Much of the conversation coming out of Washington recently has been centered around the potential $3.5 trillion infrastructure bill and the potential tax changes that will be enacted to help...

October 5, 2021

person sitting and writing on piece of paper

Wealth Transfer Under the Biden Tax Plan

By logicaladminEstate Tax, Life Insurance, Tax, Tax Code, The Washington Update

President Joe Biden is proposing to eliminate “stepped-up basis” on property transferred at death. Under his plan, unrealized appreciation would be subject to capital gains tax at the time an...

July 22, 2021

judge's gavel lying on the U.S. constitution

The House considers impeachment: Where do we go from here?

By logicaladminEstate Tax, Fiscal Policy, Income Tax, Tax, Tax Code, The Washington Update, Washington Report

Since the beginning of 2019, we have predicted, correctly, that actions in Washington would bring volatility to the markets this year. A new potential contributor to this volatility is the...

October 22, 2019

Tax Reform Accomplished

By logicaladminEstate Tax, Fiscal Policy, Income Tax, Tax, Tax Code, The Washington Update, Washington Report

As 2017 drew to a close, Congress passed the Tax Cuts and Jobs Act (the “Act”), tax reform legislation that made sweeping changes to the Internal Revenue Code. When Congress...

January 5, 2018

Congress Returns with a Full Agenda: What to Watch for in the Markets

By logicaladminFiscal Policy, Income Tax, Monetary Policy, Tax, Tax Code, The Washington Update

Congress returns to Washington in June with only seven weeks to work before leaving again for the August recess. Below we consider what Congress is likely to accomplish, and how...

June 12, 2017

ACA Replacement and Market Reaction

By logicaladminFiscal Policy, Income Tax, Monetary Policy, News, Tax, Tax Code, The Washington Update, Washington Report

Earlier this month, the Republicans issued their plan to replace the Affordable Care Act (Obamacare). Andy Friedman, “one of the nation’s most sought-after speakers on all things political” according to…

March 16, 2017

A New Administration in Washington: What Tax Changes are in Store This Year?

By logicaladminEstate Tax, Fiscal Policy, Income Tax, Monetary Policy, Tax, Tax Code, The Washington Update, Washington Report

For the first time in thirty years, enactment of comprehensive tax reform legislation is a realistic possibility. President Trump has made tax reform a central goal of his new administration,...

March 12, 2017

Breakdown: Border Tariff vs. Border – Adjustment Tax

By logicaladminFiscal Policy, Income Tax, Monetary Policy, Tax, Tax Code

Much of the news recently has been about the inauguration of President Trump and his plans for sweeping legislative changes over his first 100 days in office. As part of…

January 31, 2017

Initial Thoughts on the Presidential Election

By logicaladminEstate Tax, Fiscal Policy, Income Tax, Know your story, Legacy Planning, Life Insurance, Monetary Policy, News, Presidential Election, Tax, Tax Code

Last week, America witnessed the conclusion of one of the most talked about elections in recent memory, as Donald Trump defeated Hillary Clinton and was elected to become the 45th…

November 17, 2016

The Candidates and the Markets: How Would Clinton or Trump Govern?

By logicaladminEstate Tax, Fiscal Policy, Income Tax, Monetary Policy, News, Presidential Election, Press Release, Tax, Tax Code, The Washington Update, Washington Report

As the personality-fueled presidential campaign rages on, little time has been spent on how a Clinton or Trump presidency might affect the economy and the markets. Yet the candidates’ respective policy objectives…

October 14, 2016