Ep. 241 - Tax Exemptions Ending in 2026: Prepare, Save, and Thrive

25/05/2024 29 min

Listen "Ep. 241 - Tax Exemptions Ending in 2026: Prepare, Save, and Thrive"

Episode Synopsis

In this week's episode of "More Knowledge, More Wealth," Gabriel Shahin, CFP® and President of Falcon Wealth Planning, breaks down the significant tax changes coming in 2026. He covers the return of exemptions, reduced standard deductions, AMT taxes, and updates to mortgage interest deductions and the SALT cap. Gabriel also emphasizes the importance of estate tax planning and the benefits of the Qualified Business Income (QBI) deduction. With rising tax brackets on the horizon, he offers essential strategies for proactive financial planning. Tune in for key tips on navigating these upcoming tax changes.