15 year-end strategies to stay out of higher tax brackets

11/21/2013

This article addresses the importance of managing tax brackets in light of new and layered tax brackets introduced with the American Taxpayer Relief Act and the new net investment income tax that went into effect this year. It discusses the effect of the ATRA on wealth accumulation, the operation of the NIIT, and 15 strategies to stay out of higher tax brackets and avoid the NIIT. These include harvesting capital losses and gains, employing Roth IRA conversions, using charitable trusts, tax-efficient investment and other strategies. Learn about bracket-management calculators available to help you analyze what makes the most sense for your clients.

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