Advisers, clients prepping new playbook to handle American Taxpayer Relief Act
New taxes, higher tax brackets call for some fancy footwork by advisers and accountants seeking to mitigate effects of tax law changes.
This year was the first one in which clients had to file tax returns reflecting the changes under the American Taxpayer Relief Act of 2012. Clients and advisers are now creating a playbook that involves considerable teamwork to address the altered reality.
A raft of new taxes and higher tax bracket
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