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Tax policy and the 2024 election
Sep 15, 2024 · Authored by A. Michael Mader
In this month’s episode of Up to Speed, Mike Mader, principal with Baker Tilly’s dealerships team, dives into the tax policy changes that could occur in the wake of the presidential election next month and how they may impact dealerships. Giving insight 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
Stay informed
Tax policy and the 2024 election
Tax policy can have significant economic implications and is often a key driver of decision-making for business and individual taxpayers alike. An understanding of tax policy is critical to navigating uncertainty and planning for changes in the tax landscape. With that in mind, Baker Tilly is pleased to provide details and insights on tax policy and the 2024 election.
2024 election insights: Tax Cuts and Jobs Act and its impact
Explore the impact of expiring Tax Cuts and Jobs Act (TCJA) provisions. Learn about key changes, financial implications and the effect on U.S. taxpayers.
2024 election insights: Comparing tax policy platforms
Explore tax policy party platforms of Republicans and Democrats in the 2024 election. Understand proposed tax changes and their potential impact on tax policy.
2024 election insights: Election details and possible outcomes
Explore the potential tax policy changes driven by the 2024 election outcomes. Learn how control of the White House and Congress could impact tax reform.
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.
