Ep #317: John Hyre – Navigating the Biden Tax Proposals

With tax season upon us, what better time than now to have a discussion with an expert in the industry? John Hyre is a tax attorney with 22 years of experience, and today he joins the show to discuss the probability of tax changes and the impact they will have on capital markets, willingness to invest, and people’s behavior around money.

Listen in as John explains what the Biden tax proposals actually mean for the population and what you should be investing in this year as things start to change. You will learn the importance of having a game plan before selling your investments, what will happen to retirement plans, and John’s one piece of advice for anyone involved in investing.

Minute Markers:

3:23 – The probability of tax changes and how to react.
5:13 – The three main ways to counteract the tax proposals.
7:52 – Where to put your money now.
10:44 – The importance of doing your due diligence.
16:09 – What will happen to the economy in the coming years.
18:45 – The status of retirement plans.
22:20 – Why you should convert now.
30:05 – The opportunities you may be missing through the CARES Act.

Featured on the Show:

John Hyre: Website

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