After months of negotiation from both sides of the aisle, a new spending package has passed which leaves investors curious how it might impact the American people. Steve and Gabriel are taking a look at the new bill in this week's episode of Our 2 Cents, and sharing some important tax-saving strategies to consider before the end of the year.
The 1.2 Trillion Dollar IIJA:
- The Bipartisan Infrastructure Investment and Jobs Act has passed in the Senate - we'll break down what that means.
- How will the $550 Billion in new spending be allocated?
- We'll discuss two key questions on many American's minds: how will this new bill be paid for, and will it affect our taxes?
Strategies for Year-End Tax Planning:
- November = Tax Planning Time!
- To itemize, or not to itemize? And what is "bunching?"
- We'll cover important changes and reminders about RMDs, and share some charitable tax saving opportunities.
- Plus, other strategies to consider and identify if they apply to you.
Get to Know Steve and Gabriel
- What is your all-time favorite TV show?
- What is the best piece of financial advice you've ever heard or have gotten?
