Taxes will rise in 2013 no matter how the "fiscal cliff" is resolved

11/11/2012 | Advisor Perspectives

There are many different ways Congress and the Obama administration could negotiate a solution to the "fiscal cliff," including stretching the negotiations into the first few months of 2013. One certainty is that some taxes will be rising no matter what, including taxes on compensation and investment income from the health care law, writes Andrew H. Friedman, principal of The Washington Update. AICPA has resources to help you ensure that you plan appropriately for your clients during the lame-duck session.

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