8 ways clients can cope with higher taxes in 2013

01/21/2012 | AdvisorOne

Affluent taxpayers could face an almost 300% increase in taxes starting in 2013, according to a report from research firm Washington Update. The expiration of Bush-era tax cuts will lead to tax increases on dividends, capital gains, estates and ordinary income. The report recommends strategies such as selling off assets in 2012 and deferring charitable giving as a way to minimize the effects of the changes.

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