2024 TAX UPDATE: Changed LAWS You Need to Know |
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Sign up for a FREE 45-minute consultation to receive asset protection and tax-saving tips. π https://aba.link/ps7 Stay ahead of the curve with our latest breakdown of key tax law issues for mid-2024! If you're an investor or simply navigating the complexities of personal finance, this video is a must-watch to ensure you're up-to-date and well-informed. First up, let's tackle the phase-out of accelerated depreciation and bonus depreciation, which has been a hot topic for real estate investors. With the House and Congress passing provisions to potentially fix this at 100%, there's a lot at stake. We're also diving into the SECURE Act 2.0 and its impact on early withdrawals from retirement plans. With new provisions coming into effect, including exceptions for emergency personal expenses and victims of domestic abuse, it's crucial to know your options and how they could affect your financial future. Join us as we delve into the potential impact and what it means for your investment strategy. If you enjoyed the video, please consider leaving it a like. We would also appreciate it if you subscribed to the channel. Show Notes 0:00 - Intro 2:59 - Terminal Illness 4:09 NFT Collectibles 5:54 Meal Deductions 8:09 ERC Stopped 10:48 Estates Can Go Back to 40% --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://aba.link/subscribe ~~~~ FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: https://aba.link/2c2fc4 TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now π https://aba.link/fjl OTHER ANDERSON ADVISOR EVENTS Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life. https://aba.link/tobyevents ~~~~ FINANCIAL PLANNING & TAX RESOURCES π Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: ππ π https://aba.link/IIWbook Order Your Copy of βTax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here π https://aba.link/tobyshop Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. π https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #taxnews #2024tax #taxupdates #secureact |