Financial advisers ponder many tax scenarios after election

The uncertainty about whether the Bush-era tax cuts will be renewed has made it difficult for financial advisers to guide clients, especially regarding the alternative minimum tax, which could affect 26 million additional households. On a macroeconomic level, not striking an agreement on taxes and spending could result in another recession and raise the unemployment rate over 10%, according to Fitch Ratings. Keep your clients educated on the latest by using a free resource offered by the AICPA PFP Section through year end, including Forefield Advisor.

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