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Preparing for the TCJA Sunset: What Tax Advisors Need to Know

Harness Wealth

Unless Congress intervenes, the TCJAs sunset will usher in a swathe of tax increases in 2026, with analysts estimating that over $4 trillion worth of tax hikes could take effect. tax-paying arena. A number of TCJA provisions are set to revert to pre-TCJA levels or disappear entirely, impacting both individuals and businesses.

Taxes 52
article thumbnail

Preparing for the TCJA Sunset: What Tax Advisors Need to Know

Harness Wealth

Unless Congress intervenes, the TCJAs sunset will usher in a swathe of tax increases in 2026, with analysts estimating that over $4 trillion worth of tax hikes could take effect. tax-paying arena. A number of TCJA provisions are set to revert to pre-TCJA levels or disappear entirely, impacting both individuals and businesses.

Taxes 52