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The American Rescue Plan Act: Potential Consequences for Clients

Brown Advisory

Inflation could also lead to higher interest rates, which would impact the performance of many asset classes. The $500,000 limit on the deduction of excess losses from unincorporated businesses is extended to the end of 2026 from the end of 2025, in part to pay for the suspension of these deduction limits in 2020 as a result of COVID-19.

Clients 52
article thumbnail

The American Rescue Plan Act: Potential Consequences for Clients

Brown Advisory

Inflation could also lead to higher interest rates, which would impact the performance of many asset classes. The $500,000 limit on the deduction of excess losses from unincorporated businesses is extended to the end of 2026 from the end of 2025, in part to pay for the suspension of these deduction limits in 2020 as a result of COVID-19.

Clients 52