Tried-and-true adages keynote tax reform financial advice

“At this point and with multiple proposals on the table, it is difficult to know how exactly reform will shake out. However, there does seem to strong push in Congress to have a proposal passed by the end of the year,” said Jay Schechter of Singer Xenos Schechter Sosler Wealth Management, via email.
“Changes to the tax laws will create multiple financial opportunities for our clients. While tax reform will not completely change our investment strategy, it will certainly enhance it. We believe a lower corporate tax rate will have a positive impact on the stock market and we are already advising clients where appropriate to hold more equities…

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