How to help clients prepare for the "fiscal cliff"

11/18/2012 | AICPA Insights

CPAs need to reach out to clients now to develop plans and prepare for multiple "what if" scenarios on what Congress might do with tax rates, exemption extenders and general tax policy, writes James C. Metzler, CPA, the AICPA's vice president of small-firm interests. The AICPA offers a number of resources to aid in this process, including free access to the Proactive Planning in Preparation for 2013 Toolkit and Forefield Advisor for a limited time at aicpa.org/PFP/YearEnd, as well as the AICPA Fiscal Cliff website, which provides news, webcasts, tools and client communication materials.

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