Corporate America got theirs. Do you know your Tax Reform Bonus?
The S&P 500 today set its first all-time high since January.
- Earnings growth is coming in at around +27% y/y.
- Lower corporate tax rates contributed about 7% to growth according to analyst estimates.
Curious to see what the Tax Act did for you?
Setting aside politics, fiscal responsibility, economics, etc. to focus on the numbers of tax reform: nearly everyone we meet underestimates their 2018 Tax Reform “Bonus”.
Taxes can be the single-largest performance drag on investors — yes, in some cases, an even a bigger drag on performance than inflation or poorly managed and high-priced investment products.
Signed on Dec 22, 2017, we only had a few days to respond before year-end. We raced to help clients & friends save thousands of dollars in taxes each with last minute action-steps. Hopefully you did those too. Did you maximize that opportunity?
We would be happy to look at your current financial footprint in the context of your goals, tax profile, etc. to see if there is any help we might be able to offer.
About the Author:
Jason R. Escamilla, CFA is CEO of ImpactAdvisor LLC, a boutique Registered Investment Advisor based in San Francisco, serving individuals and corporate clients with advanced wealth management needs: high tax-bracket, custom-tailored portfolios, alternative investments, etc.
ImpactAdvisor LLC specializes in Modern Investing: Tax Smart + Socially-Selective℠
Our average client has over $1M in investment assets. We have a waiting list for smaller accounts, but with the help of modern custom software, data, and design, we are working through the backlog.
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