Planning for the Hidden Tax Changes Not Being Discussed (part 1)

Income taxation always gets the public's attention. Corporate taxes also serve as good fodder for the masses. But the tax changes that impact the most people often never make it into the public discourse. Be it due to the tax code's incredible complexity, or other, the changes that we should be planning for do not garner the same public attention or outcry. For this reason, they are often the most likely changes to be passed, and they are done so quietly while everyone's attention is directed elsewhere. Today we are going to change that by highlighting what the Government sees as a golden egg-laying goose, and they are eager to tax that goose. While you are being told the only people who may see a tax change are those making more than $400K, the reality is far more sobering.