How to take advantage of 2012 tax breaks before they are rescinded

Income taxes will likely rise for most people earning more than $200,000, but there are ways to act now to take advantage of current rates. These tactics include doing a Roth conversion, harvesting capital gains and paying as many medical expenses as possible this year if you itemize medical deductions. For resources to educate your clients and proactively plan now for the potential changes in 2013, access the PFP Division's Proactive Planning in Preparation for 2013 Toolkit.

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How Advisors Can Use 2012 Tax Breaks Before They Disappear -

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