2024 Tax Legislation Insights and Updates

The Jeff Trapp Podcast · Jan 31, 2024 · 8m

Welcome to the "Jeff Trapp Podcast" where we're jumping into the latest in tax planning and strategies to empower you, the savvy business owner and taxpayer. In today's episode, we're discussing crucial tax updates, including the January 31st deadline for 1099 filings and the potential impact of the Tax Relief for American Families and Workers Act of 2024. This bill, currently in the Senate, offers exciting prospects like retroactive tax cuts to 2023 and enhanced child tax credits. We'll also delve into strategies to optimize your tax filings, especially considering the recent start of the…