Tax Reform, Wealth And Charitable Giving: What’s on the Horizon

Whether we like it or not, tax change is coming by the end of 2025. Many of the tax provisions passed as part of the 2017 Tax Cuts and Jobs Act (TCJA) will expire at the end of next year, setting up a tax cliff for middle class taxpayers that lawmakers will have to address one way or another. This cliff has been looming for a while—we knew about it as soon as TCJA passed—and many ideas have been floated, but lawmakers and advocates are putting serious pen to paper now. These ideas could