In recent years, uncertainty has been the name of the game when it comes to tax planning. This year is no different. The Bush tax cuts are set to expire on December 31, which means that absent intervention by Congress: Tax rates for ordinary taxable income will increase, with taxpayers in the highest bracket paying 39.6% The number of taxpayers subject to the Alternative Minimum Tax will expand significantly Maximum long-term capital gains rates will increase from 15% to 20% Stock … [Read more...] about Helping Your Clients Overcome Tax Planning Paralysis
