Boston (June 27, 2003) -- After-tax return reporting is both a science and an art -- one that’s been made even more complex by the recent tax law changes, an after tax expert told attendees at the American Institute of CPAs’ Advanced Investment Management conference this week.

Two of the biggest challenges advisors face in providing after tax returns are knowledge of the reporting standards and finding meaningful measures of tax efficiency, J. Richard Joyner, partner at Ernst & Young in Dallas, told CPA planners at the meeting.

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