The Trump Bump became the Trump Slump. What lies ahead for tax reform?

We’ve had quite a year in the markets between increasing values and emerging markets just crushing it. However, new studies show the “Trump Bump” has become a “Trump Slump” as the industrial and financial sectors see a correction. Smaller companies are more likely to feel the hurt from high corporate taxes and tax reform could finally be on the way. Today I look at positives and negatives in the market and what would change if tax reform makes it easier to repatriate cash. Other topics include:

• What to do with your inheritance?
• Alan is self employed. Can he deduct his family’s health insurance premiums on his corporate return?
• Self employed quick tips
• The E-Myth book
• Changing the way your think about taxes in retirement

 

 

Retirement planning is more complicated than ever, and it can be hard to even know where to begin. But focusing on a few essential issues can help increase your income in retirement and your chances of enjoying a secure future. Click HERE to sign up for our 10 a.m. seminar at Four Points by Sheraton on September 9th!

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.