The new Tax Cuts and Jobs Act aims to spur economic growth across the United States by adjusting tax structures for small businesses and corporations. The main provisions that have made it through to the final bill are a reduced corporate tax rate and a significant deduction for all pass-through businesses.
Proponents are saying a slashed corporate tax rate could make the United States a tax haven country for corporations, and the 20 percent deduction for pass-through businesses may help economic growth throughout the nation.
How will the new tax laws affect you and your business? Join us for an interactive look at some of the major benefits and potential pitfalls of the new tax laws.
Mark Anderson joined the Seattle Wealth Planning Center as the Regional Director of Planning Services at Solomon Smith Barney in May of 1999. In this position he has been providing comprehensive financial planning solutions to clients of the firm in the areas of estate planning, tax planning, business succession planning, philanthropic planning and cash flow analysis – to name a few. Mark has also been a resource to all the Financial Advisors within his territory and has been involved in numerous Professional Development programs involving Financial Planning and Wealth Management.
Prior to joining Smith Barney (now Morgan Stanley), Mark was a private attorney at a mid-sized full service law firm specializing in estate planning, real estate and business transactional work. Mark also spent 2 years in the tax department of a national accounting firm.
Mark received his Bachelor of Arts degree in Business Administration cum laude with emphasis in Accounting from Washington State University in 1985. He then received his Juris Doctorate from University of Oregon in 1988 and his Masters in Taxation from Boston University in 1989.
Mark is a member of the Washington and Arizona State Bar Associations, the King County Bar Association and the King County Estate Planning Council. Mark also has the following Securities licenses; Series 7, 66 & 24.
Mark is a lifetime resident of Washington State. He and his wife Tracey are the proud parents of Sofie and Oscar….2 miniature dachshunds. Mark & Tracey enjoy traveling and are avid gardeners.