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The SEIA Report Q4 2024

By Len Hirsh, MBA, CFP®, CPWA®, AIF®
Partner

What’s Next for the TCJA?

Many of the tax provisions from the Tax Cuts and Jobs Act (TCJA) of 2017 are set to expire on January 1, 2026. Absent congressional action, a significant number of Americans will face higher tax bills and a more complex tax code starting in 2026. However, with a Republican President and Republican control of both chambers of Congress—albeit with a slim margin—it is reasonable to expect that certain TCJA tax provisions could be extended through a process known as “budget reconciliation.” more


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