Trump's Election and 2024 Tax Planning: What's an Uncertain Client to Do?

What You Need To Know

• The election of Republicans to the presidency and Senate have created some uncertainty as to whether some tax rules will sunset after 2025 or be renewed.
• In many cases, tax planning you have done for clients in 2024 will still be valid despite the uncertainty.
• Advisors and clients cannot let the uncertainty surrounding the future of tax rules paralyze them.