Episode 78: How Will Biden's New Tax Laws Affect You??

On today's show, we are talking about President Biden's new tax laws and what that will mean for all of us going forward.📈 We have tax expert Randy Detherage and one of our favorite mortgage brokers, Joe Smith, in the studio to help explain what is going to change. Will capital gain and income tax go up?😬 Watch today's episode to find out! We will also learn about the AMAZING Scott Detherage Foundation and how you can help disadvantaged students (right here in Chandler, Arizona) go to college!📚 Learn more: https://scottdetheragefoundation.com/ Listen & Learn: 2:20 - The Scott Detherage Foundation 4:48 - Facebook post about tax knowledge 7:05 - Randy explains the new capital gains tax 9:07 - Tax scenario example 12:05 - President Biden's tax plan 13:35 - What Joe's seeing pertaining to these new tax laws 18:00 - President Biden's new tax percentages 20:58 - Map of capital gains tax 22:50 - What happens when capital gains tax goes up? 23:48 - Teaser of next week's show 24:25 - Randy's final thoughts 25:50 - How to get ahold of Randy Special Guests: Randy Detherage - Owner/CPA of J.A. Hondorp CPA Ltd. & President of Scott Detherage Foundation Randy is our go-to guy when it comes to taxes! He has been in the tax industry for over 20 years and currently is the owner of J.A. Hondorp CPA Ltd. Randy Detherage - J.A. Hondorp CPA Ltd. Phone: 480-755-0701 Email: [email protected] Joe Smith - Owner/Broker of Epic Mortgage Joe Smith first started in the mortgage business in 2002 as a loan officer. He quickly established himself as a top producer, eventually managing the state of Arizona for a top 10 mortgage lender. After 17yrs in traditional retail banking, working for many top companies in the mortgage business he decided to make a jump to becoming a mortgage broker himself. Currently, Joe is the Broker and Owner at Epic Mortgage and is definitely someone you're gonna want to go to for advice on lending! Phone: 602-741-4121 Email: [email protected] Website: www.myepicloan.com Follow us on Facebook @GratefulHeartTv 😄 Listen 🎧 to us anywhere you stream podcasts!