Tax Policy Defense Is The Smart Offense

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With the coronavirus showing us that there are no sure bets on anything, ever, the 2020 presidential race is a coin flip to finish off an already scrambled year. 

While we may not know which party oversees tax policy for 2021 right now, there are some proposals championed by a Biden White House that could dramatically affect plans for you, your family, or your business.

Forbes details 9 (nine!) changes that have been proposed by the Biden campaign. Although these policies are not law yet, what these could mean down the line for retirement plans, wills, pending business transactions, or any long-term financial planning is the real concern.  

Though as the saying goes, “the best offense is a good defense”. Powell & Edwards, as your local full-service law firm, always provides determined advocacy for our client’s best interests. We have attorneys experienced in business planning and corporate law, as well as estate planning and financial advocacy so that we can get you out ahead of any changes and ensure your plan is still on track whichever side the coin lands on.

You can call us at (770) 962-0100 or email our team with support@wtp.legal to set up an appointment. We have both in-person and digital appointments and consultations available, and our office follows all CDC coronavirus guidelines for cleanliness and distancing.