Every election year comes with its own round of surprises. This year was no different, with multiple assassination attempts, President Joe Biden dropping out and what turned out to be a not-so-close final election result.
Now that President-elect Donald Trump is returning to the White House, it will come as no surprise that the tax cuts from the 2017 Tax Cuts and Jobs Act are slated to remain in effect after being scheduled to sunset in 2025.
Throughout the year, we covered lawmakers’ and governmental agencies’ impact on high net worth investors, including the fallout from the Supreme Court’s presidential immunity ruling, the IRS hiring an army of auditors to go after the wealthy (and then backtracking on those plans) and more.
Take a look back at these top HNW stories of the year and more in this 2024 year in review.