There's a good chance that you are already hearing from clients who have been blindsided by taxes they were not prepared for. The American Taxpayer Relief Act of 2012 is starting to show its ugly side as clients get their first look at their 2013 tax bill.
The tax increases in question are what tax professionals for years have called "stealth taxes" - under the radar burdens that are hard to see coming. Because lawmakers don't want to admit to raising taxes, it might seem that they raise them in ways they hope we won't notice. All this makes long-term tax planning almost impossible.
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