Tax Changes are Coming to the United States!
Are you aware of the Tax Changes? Do you have your Tax Plan in Place?
Tax Changes are Coming to the United States: Morey shares his thoughts on what Trump’s tax bill will mean for the economy in the United States. Morey believes more money in a worker’s pocket will eventually trickle down to charitable donations and an increase in consumer spending. He would also like to see the adoption process out of the hands of the government.
If you live offshore, and are uncertain which tax forms you need to file, or when your taxes are due, call the professionals at Glazer Financial. Or, if you are looking for real estate in Belize, call Macarena Rose, at Rainforest Realty.
Key Takeaways:
[:59] Trump, the new tax bill and Obamacare.
[5:26] Morey remembers a charitable donation to a woman in Mexico.
[9:12] Health Savings Accounts, or HSAs, can give a decent tax deduction.
[10:57] Morey believes Obamacare needs to be repealed.
[12:03] Higher income people will get a 10% tax reduction.
[13:50] Government controlled adoptions are not in the best interest of the children.
[18:24] Changes are coming soon to the U.S. tax code.
Mentioned in This Episode:
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View more EPISODES of Tuesdays with Morey HERE
EP035: Plan for Your Tax Future
EP033: Taxes – Importance of Planning to Plan
EP019: U.S. Tax Code Planning Professional Who Is Up-to-Date
EP048: What’s Behind the New Tax Bill in the U.S. and Documenting Your Expenses
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