While most people are busy eyeing the Presidential election, there is another critical element to which investors and others should be taking notice – the new tax laws that will go into effect immediately following the New Year. These new tax laws will impact everyone from the largest investors down to those struggling to find gainful employment. The more we know about them, the more people can be prepared when January rolls around.
“There are new tax laws that come into play January 1, and anyone who invests needs to know what is at stake,” explains Bernie Wolfe, a CERTIFIED FINANCIAL PLANNER TM Professional and founder of Bernard R. Wolfe & Associates, Inc., a company that specializes in offering wealth management strategies. “These tax laws are not only going to cost investors, but may impact everyone else, as well.”
