The Infrastructure Bill & Year-End Tax Planning

Our 2 Cents – Episode #083

The Infrastructure Bill & Year-End Tax Planning

After lengthy negotiations from both sides of the aisle, a new spending package has passed which leaves investors curious how it might impact the American people. Steve and Gabriel are taking a look at the new bill in this week’s episode of Our 2 Cents, and sharing some important tax-saving strategies to consider before the end of the year.

The 1.2 Trillion Dollar IIJA:

  • The Bipartisan Infrastructure Investment and Jobs Act has passed in the Senate – we’ll break down what that means.
  • How will the $550 Billion in new spending be allocated?
  • We’ll discuss two key questions on many American’s minds: how will this new bill be paid for, and will it affect our taxes?

Strategies for Year-End Tax Planning:

  • November = Tax Planning Time!
  • To itemize, or not to itemize? And what is “bunching?”
  • We’ll cover important changes and reminders about RMDs, and share some charitable tax saving opportunities.
  • Plus, other strategies to consider and identify if they apply to you.

Get to Know Steve and Gabriel:

  • What is your all-time favorite TV show?
  • What is the best piece of financial advice you’ve ever heard or have gotten?

Tune in now to join us for this discussion!

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