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Trump tax breaks are set to expire after 2025. Here's what advisors are telling their clients [CNBC]
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Last northern trust corporation earnings: 4/21 07:29 am
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US:NASDAQ Investor Relations: northerntrust.com/about-us/investor-relations
Enacted by former President Donald Trump , the Tax Cuts and Jobs Act of 2017, or TCJA, included lower federal income tax brackets , bigger standard deductions and higher gift and estate tax exemptions , among other provisions. If Congress doesn't take action, those tax breaks will sunset after 2025. And if the TCJA provisions expire, more than 60% of tax filers could face increased taxes, according to the Tax Foundation. While the expirations are roughly 18 months away, “now is the time for clients to be focused on the fundamentals of tax planning,” said certified financial planner Jim Guarino, managing director at Baker Newman Noyes in Woburn, Massachusetts. More from Personal Finance: 80% of Americans say grocery costs have increased since the pandemic started Here's how to get lower interest rates without waiting on a Fed rate cut IRS unveils plan to close ‘major tax loophole' used by large partnerships Of course, with control of Congress and the White House uncertai
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- Northern Trust Co. (NASDAQ: NTRS) had its price target lowered by analysts at Keefe, Bruyette & Woods from $92.00 to $85.00. They now have a "market perform" rating on the stock.[MarketBeat]
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- Canada Life Asset Management Appoints Northern Trust for Asset Servicing Solutions [Yahoo! Finance][Yahoo! Finance]
- Canada Life Asset Management Appoints Northern Trust for Asset Servicing Solutions[Business Wire]
- SMArtX Advisory Solutions Selects Dan Phillips as Chief Investment Officer [Yahoo! Finance][Yahoo! Finance]
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- 6/25/24 - Form 11-K
- 6/25/24 - Form 144
- 5/31/24 - Form 4
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