Letter From Leadership: Planning Beyond the Tax Cuts and Jobs Act
There’s an adage we are fond of saying: There’s no such thing as a permanent tax law. The Tax Cuts and Jobs Act is a good example, as certain provisions surrounding tax and wealth transfer are scheduled to expire this December. While the expectation is that the provisions will be extended, the matter of when new legislation could pass – or what priorities a narrowly divided House can agree to – remains unclear.
That’s why we plan for contingencies – not only what we think will happen, but also what might happen, and how those possibilities could impact you.
You'll find examples of that approach in this issue: Our macroeconomic experts at Strategas discuss possible market moves in our 2025 outlook video, and our Wealth Planning team previews a range of opportunities that might emerge this year. By remaining focused on what’s possible, we can help you maximize your financial flexibility and pivot as market and economic conditions change.
That’s also why having a close relationship with your Baird Financial Advisor team is as important as ever, whether it’s modeling different scenarios or just making sense of the talk coming out of Washington. Whatever the rest of 2025 has in store, know that Baird is looking out for you, no matter what.
