2013 brought the biggest tax changes in more than a decade. The
resolution to the fiscal cliff standoff increased taxes by
more than $600 billion and rewrote scores of rules. Among the
changes: The rates on many types of income are higher in 2013 for
high-income taxpayers, and a new Medicare tax on investment income
is effective for the first time this year. So, some strategies that
worked before don't make sense anymore, and the law created new
opportunities.
Our Year-end tax guide lays out the new landscape in
detail, with clear descriptions and comprehensive charts and
tables. The first chapter and our 12 tax law change
alerts highlight the most important changes affecting you and
your business. Planning is critical, so we've added tips you
can put in place right now. Examples and case studies show what
planning means in real dollars.
