Accounting and advisory firm Marcum LLP has released the 2013 Marcum Year-End Tax Guide.

The annual online guide provides a roadmap to the major changes in tax law during the year and important planning opportunities for businesses and individuals in the remaining weeks of 2013 and going forward into 2014.

[IMGCAP(1)]“With the passing of the American Taxpayer Relief Act of 2012 and the Affordable Care Act in 2010, there is now a little more certainty regarding several tax provisions,” said firmwide partner-in-charge of tax and business services Joseph J. Perry in a statement. “As of this writing, many favorable provisions are set to expire unless they are extended or modified by Congress. In this environment, it is clear that planning is important. We continue to urge our clients to plan year-round.”

Marcum’s 2013 Year-End Tax Guide includes 20 chapters on various tax topics for individuals and businesses, ranging from the impact of the Affordable Care Act to estate and gift planning, and credit and expensing opportunities for businesses.

[IMGCAP(2)]“Clients should be taking full advantage of the tax incentives still available to them, particularly those that are set to expire on December 31,” said Marcum tax partner Diane Giordano, who edited the 2013 Guide. "Business owners should consider the expiring provisions and plan for increased tax rates, the additional 3.8 percent tax on net investment income, and consider all appropriate tax planning strategies.”