JOIN US JOIN US

JOIN US JOIN US

Hear from our team

WEBINARS

VIEW ALL VIDEOS & WEBCASTS

|

Stream now

On-demand  webinar

Post-election: Tax updates for financial institutions

Financial institutions need to prepare for the new administration’s impending tax changes and
the 2026 expiration of TCJA provisions. Watch our webinar to learn about tax extender items,
high-interest-rate planning, tax credits, IRS updates, remote work implications, the Corporate
Transparency Act and state/local tax updates.

Tax

Financial Institutions

STREAM NOW

|

Stream now

On-demand webinar

Reduce your personal tax liability with year-end planning tips

Make the most of tax incentives and deductions with year-end planning tips from Wipfli. Watch
our on-demand webinar to stay on top of financial and tax planning. Learn how to improve your
tax plan and navigate the incoming administration’s impact on tax preparation, so you can optimize your tax position.

Tax

Private client services

STREAM NOW

|

Stream now

On-demand webinar

Get ready for change

Stream this on-demand webinar, featuring Wipfli partners Andrew Seifert and Greg Butler, on “Navigating tax policy changes post-election.” Learn about the key differences between the parties’ tax agendas, potential tax consequences of various election scenarios and best practices for preparing for the future.

Tax

STREAM NOW

new President’s potential tax policies

Donald Trump

President-Elect Trump’s tax plan aims to extend and build upon the Tax Cuts and Jobs Act, focusing on reducing taxes for individuals and businesses to stimulate economic growth. Tariffs play a key role in the Trump campaign’s tax position, with a baseline tariff on all U.S. imports and a 60% tariff on imports from China.

Key highlights

  • Individual tax rates and child tax credit: Reduce individual tax rates, significantly cut the top rate and increase the child tax credit to $5,000 per child.
  • Lower capital gains taxes: Reduce capital gains taxes to incentivize investment.
  • IRS budget cuts: Make significant cuts to the IRS budget to reduce government spending.
  • Corporate tax rate reduction: Reduce the corporate tax rate from 21% to 15% to encourage business investment and growth.
  • Scrutiny of tax reporting: Increase scrutiny on tax reporting to ensure compliance and reduce tax evasion.
  • Universal baseline tariff: Impose a 10% or higher universal baseline tariff on all imports, with specific increases on tariffs for Chinese goods.
  • Two-tier tax system: Create a simplified two-tier tax system for individuals, aiming to streamline the tax code.

What’s next for your business?

  • Corporate tax rates are expected to decrease under a Trump administration. Speak with an advisor today to see how this might impact your bottom line, and explore options for investing your savings in the future of your business.
  • Tariffs on imported goods — particularly from China — may increase dramatically, creating uncertainty for businesses that rely on overseas suppliers. Our international tax professionals can explain the changes and help you develop strategies to comply with these new costs.

  • Increased scrutiny on tax reporting is promised under a Trump administration, making compliance more essential than ever. Our CPA tax services can help you stay on top of reporting regulations.

Powered by Ceros