After an unprecedented year, many are eager to close the door on 2020, but when it comes to tax plans and investment strategies, preparing for year-end comes with its share of considerations. Financial markets have responded positively since the election and the news about potential COVID-19 vaccines. Nevertheless, a Biden administration may signal changes to the tax laws passed under President Trump.
Our guests Naomi Ganoe of the Private Client Services team and Anna Rathbun, Chief Investment Officer share how individuals and businesses can weigh these pros and cons against their year-end approach, covering topics that include:
Naomi leads the Northeast Ohio region of our Private Client Services practice where she provides solutions to individuals and business leaders on estate, fiduciary, gift, business, and personal tax planning matters.
Anna oversees the investment activities of the Investment Advisory Services team through the CBIZ Advisory board.
Copyright © 2020, CBIZ, Inc. All rights reserved. Contents of this publication may not be reproduced without the express written consent of CBIZ. This publication is distributed with the understanding that CBIZ is not rendering legal, accounting or other professional advice. The reader is advised to contact a tax professional prior to taking any action based upon this information. CBIZ assumes no liability whatsoever in connection with the use of this information and assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.
The state of the financial markets and expected future movements play a key role in year-end planning. Guests Anna Rathbun of our investment advisory team, and Naomi Ganoe of our private client services team weigh in.