At the beginning of 2012, The Washington Update’s Andy Friedman, an expert on Washington political affairs, predicted that the Supreme Court would uphold President Obama’s health care reform law, that Obama would win re-election, that the country would face four more years of divided government, and that the year would end with a tax increase for affluent Americans.  In 2013 Andy and Jeff will review the elements of last year’s “fiscal cliff” compromise and discuss the new Administration and Congressional agendas coming out of last year’s election.  Front and center this year will be efforts to craft a plan to reduce the federal budget deficit, likely to involve changes to entitlement programs, such as Social Security and Medicare, and more changes to the tax code.  Other areas of activity include development of a comprehensive energy policy, immigration reform, gun control, domestic manufacturing incentives; and changes to federal housing policy.

New tax changes as Washington wrestles with the deficit – on top of the changes already implemented by the “fiscal cliff” compromise – are likely to have a significant impact on investors.  Andy and Jeff will provide strategies that investors and financial advisors can consider to take advantage of (or protect against) these changes and others arising from the above initiatives, including specific strategies for investment, wealth transfer, and retirement planning.

To see an excerpt from Andy’s presentation, click here.

If you would like information about having Andy or Jeff address your business or professional gathering, please contact us by clicking here.