What's the big question right now regarding tax policy under the new administration? The biggest question is what specific changes will occur to critical real estate and business tax incentives, including the fate of 100% Bonus Depreciation, 1031 Exchanges, and Energy Tax Credits and incentives.
This segment addresses the core uncertainties currently facing every company owner, real estate investor, CPA, and family regarding future tax policy under the new administration. The speaker highlights the need to understand changes to key benefits like the availability of 100% Bonus Depreciation and the continuation of 1031 exchanges. These incentives are crucial for capital investment and wealth preservation, making their status a top priority for strategic financial planning. Furthermore, the future of energy tax credits and incentives is also a major concern, as these programs drive investment in efficiency and clean energy projects.
The key focus for the ETS team is finding and maximizing opportunities within the existing and evolving tax code. Whether you are a business owner, a real estate investor, or a CPA serving clients, the goal is to work together to fully understand what tax savings and incentives are available and how to properly utilize them. We are actively looking for these opportunities every day to ensure our clients can maximize their financial standing and benefit from the tax code.
New Tax Policy: Key Takeaways & Questions
- 100% Bonus Depreciation: A critical question is whether the new administration will reinstate or change the rules governing 100% Bonus Depreciation.
- 1031 Exchange Status: Investors are keenly awaiting information on the future security and availability of 1031 Exchanges (Like-Kind Exchanges).
- Energy Incentives: The status of energy tax credits and incentives remains uncertain, requiring careful monitoring for future policy changes.
- Maximization Goal: The immediate goal is to work with company owners, real estate investors, and CPAs to maximize available opportunities within the current tax code.
