December 2013 Tax Planning Update

We would like share with you some information that we received while attending a recent educational seminar. The seminar, sponsored by the American Institute of CPA’s, was titled Sophisticated Tax Planning for Wealthy Clients. However, the title is somewhat of a misnomer, as the speakers touched on many areas that concern us all, not just those in the upper brackets. It is true, however, that the upper brackets will be impacted the most by the changes in tax law taking effect in 2013 and beyond. The items of most interest to the majority of you include: Law changes this year including expiring provisions. Health care rules that will impact small business. Issues of concern in the estate tax

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