It may be some time before Congress and the Obama administration decide what to do about the tax rates for next year, so it’s a good idea to plan for various alternative scenarios just in case.
Greg Rosica, a tax partner in Ernst & Young’s Personal Tax Services who leads the firm’s Southeast Area Private Client Services practice, and a contributing author to the Ernst & Young Tax Guide 2013, advises accountants to sit down with their clients and do some what-if planning.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access