NEW GUIDE: TCJA Sunset Comparison Guide [March 2024]

The New TCJA Sunset Provision Comparison Guide is your tool to help navigate complex tax planning conversations with clients.

With this comparison guide, created in collaboration with Holistiplan, you can confidently navigate the upcoming tax changes that will take place at the end of 2025 and initiate conversations with your clients about how their tax planning needs might change. 

This summary guide covers some key comparisons of the TCJA and Post-TCJA tax numbers, such as:

• Ordinary income, long-term capital gains, and trust tax brackets.
• The standard deduction, and the return of personal exemptions and the personal exemption phaseout (PEP).
• Specific changes to itemized deductions (e.g., SALT, mortgage interest, deductibility of advisory fees, PEASE limitations, etc.) and the child & other dependent tax credits.
• Alternative minimum tax (AMT) and estate & gift tax lifetime exemptions.