Episode 7 - 2017 Market Update & New Tax Law

The economy is hot, the Tax Law is new, its 2018, so what do you do?

Everyone knows the stock market was great in 2017, but where will it go from here? Patrick and Mike discuss the major themes of the US economy looking into 2018, and reveal the potential thorns that could slow things down. They also take an in-depth look how the new tax law changes might affect you.

Notes:

2018 Withholding Tables

https://www.irs.gov/pub/irs-pdf/n1036.pdf

Average savings for various income levels

http://www.businessinsider.com/trump-tax-plan-senate-take-home-pay-changes-every-income-level-2017-12

 

Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Raymond James Financial Services advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.