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Taxes in Retirement

Taxes in Retirement

Saturday, November 02, 2019

10:00a - 12:00p EST

Spitzer Conference Center of Lorain County Community College

Spitzer Conference Center of Lorain County Community College

1005 N Abbe Rd
Elyria, OH 44035
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JL Smith Group

The Tax Cuts and Jobs Act took effect in 2018. This $1.5 trillion tax-reduction package fundamentally changes the individual and business tax landscape.

Some of the tax changes are permanent, while others expire after 2025. Whether you will pay more or less in income taxes depends on a variety of factors unique to your situation. So the more you know about the tax law provisions, the better prepared you will be.

Are you going to get your share of taxpayer savings?

-Understand the official new tax reform rules and their  impact on your retirement
-Changes to marginal income tax brackets and the alternative minimum tax
-Limits on common itemized deductions, such as home mortgage interest and taxes
-Increases in standard deduction amounts
-Elimination of personal exemptions
-Child tax credit rules
-529 savings plan enhancements
-Federal estate and gift tax provisions
-Additional provisions affecting business owners

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