ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 238: Waiting on Washington: Why Your 2026 Tax Bill Hangs in the Balance

If you've been hearing rumblings about tax changes in 2026, you're not imagining things — we’re heading toward one of the biggest tax shifts in decades. The Tax Cuts and Jobs Act of 2017, which shaped much of our current tax system, is set to expire unless Congress takes action.

But right now, lawmakers are locked in a high-stakes budget battle, and no one knows exactly how it’ll end. This episode breaks down why that matters not just politically — but for your wallet, your financial plan, and the decisions you might want to make before the rules change.

Topics Discussed   

  • The political dynamics influencing tax reform.
  • Financial strategies tailored for ER doctors to navigate tax policy changes.
  • The House Republicans' challenges in managing a $4.5 trillion limit for tax reforms.
  • Potential Senate strategies for extending the TCJA without increasing federal spending.
  • Broader financial planning strategies amid uncertain tax policies to maximize benefits and secure financial health.

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Tax Cuts and Jobs Act, Tax Reform, Tax Policy, Tax Brackets, SALTCap, Estate Tax, Roth Conversions, Electric Vehicle Purchases, financial planning, emergency medicine, ER doc, ER doctor,