Year End Checklist - 2020 (Investors)
Are you coming to the end of the year after unpredictable 2020 investment returns? The most common question of 2020 has been if the government will raise capital gains rates. At this point, there has been no official indication from the government that they will, but there is nothing stopping from them from doing so. Many people believe that they will raise rates because of the federal deficit while others believe they will not as there is a minority government and they do not want to be seen raising taxes during a pandemic (and that the government does not really care about debt).