Skip to Content



Plante Moran Wealth Management Tax Partner Brian Schultz shares insight with Barron's

March 8, 2019 In The News 1 min read
Authors:
Brian Schultz Wealth Management
Theoretically, your tax bill should be lower thanks to the Tax Cuts and Jobs Act, but will both individuals and families benefit? Read more at Barron’s.

people clapping their handsThe Tax Cuts and Job Act (TCJA) included cuts in income-tax rates, higher standard deductions, and larger child tax credits for individual tax payers. The law also allowed an estimated 99.9 percent of households protection from the alternative minimum tax.

While the TCJA benefits many, savings aren’t distributed evenly, and there’s a misconception that individuals and families will both benefit.

Plante Moran Wealth Management Tax Partner Brian Schultz notes that there may be solutions for taxpayers in close range of certain deductions. In a recent interview with Barron’s, Brian discusses situational examples around the QBI deduction, charitable donations, and bunching.


Related Thinking

September 15, 2022

Overwhelmed by trustee duties? An agent for trustee can help

Article 3 min read
September 13, 2022

Are death proceeds taxable? Know transfer-for-value with life insurance and its exceptions

Article 3 min read
September 12, 2022

Estate planning in an era of rising interest rates

Article 7 min read