Up to speed: Tax policy and the 2024 election

In this month’s episode of Up to Speed, Mike Mader, principal with Baker Tilly’s dealerships team, and Kasey Pittman, a director in Baker Tilly’s national tax group and leader of Baker Tilly’s tax policy, dive into the tax policy changes that could occur in the wake of the presidential election next month and how they may impact dealerships. Kasey gives insights into:

• Tax legislation that will be either sunset or altered in 2025
• How both political parties approach tax legislation
• Predictions for how a divided government will handle tax legislation
• How dealerships can prepare for the unknowns and get involved in policy making

The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.