Monthly Meeting - Taxes in a Trump World

As the new President gets to work on his major domestic objective of revamping taxes, it has been said that he would like to preserve the home mortgage interest deduction, while doubling the standard deduction.

What could this mean for you?

Well if you’re one, out of the many people, that are unsure about these potential changes, don’t be left in the dark!

This month we have recruited Tracey Wilson, Vice President of IPX1031 to speak exactly about that. He will be discussing the personal and corporate tax changes, as well as the impact of reducing taxes on the deficits and debt.

Attend this meeting to learn:

Personal Tax Changes

• Reduction of marginal tax brackets from 7 to 3

• Huge increase in Standard Deductions

Corporate Tax Changes

• Reduction of corporate tax rate from 35% to 15%

• Tax Holiday for repatriation of corporate profits totaling almost $3 trillion and

• Major changes to Capital Gains Taxes!!

• 50% Exclusion, and only 12.5% or 6% Capital Gains Tax on the rest…!

Impact of Reducing Taxes on the Deficits and Debt

• $20 trillion and counting…

• Fiscal Spending Issues

About the Speaker: For the most recent 10 years Tracey has been helping facilitate tax-deferred Like-Kind IRC Section 1031 Exchanges. He is a Certified Instructor with the State of Colorado Real Estate Division, Colorado State Bar Association, and the Colorado Society of CPAs providing CE accredited classes. Tracey has been an adjunct faculty member of Regis University teaching accounting, finance, economics, and statistics. He has a BS in Finance and Engineering, an MBA in Finance, and is currently working on his MS in Accounting.

Agenda:

5:45pm - Registration opens

6:30pm - Sharing Success / Haves & Wants

7:00pm - Main Meeting: Taxes in a Trump World

8:30pm - End of Main Meeting/Continued Networking

Free to Members & First Time Guests. Subsequent meetings are $25 per individual