Podcast

What steps can you take to prepare for potential tax changes and secure a financially stable future? In this episode of Financially Ever After Widowhood, Stacy Francis sits down with tax expert Deborah Schaub to break down the complexities of the Tax Cuts and Jobs Act and share actionable strategies to maximize savings and navigate tax planning in a rapidly shifting economic landscape. From understanding current laws to preparing for future uncertainties, this conversation equips you with the tools to make smarter financial decisions today.

Listen in as they discuss:

• Key provisions of the Tax Cuts and Jobs Act, how they impact individuals and business owners, and what might change in the coming years.
• Why Roth IRA conversions are powerful tools for tax-free growth and how to use them strategically.
• The importance of analyzing your tax bracket to avoid costly mistakes, such as unexpectedly higher taxes or penalties.
• Capital gains tax rates: what they are now, what could shift, and how to plan for potential increases.
• How inflation continues to bite into budgets and the role taxes play in financial planning.
• Balancing today’s tax advantages with future uncertainties through effective tax deferral or realization strategies.
• Proactive tax planning tips for individuals and small business owners to save money now and minimize risks later.

Resources

Deborah Schaub on LinkedIn | CNB Accounting Website

Phone: +201-787-6542

Email: cfo@deborahschaub.com