As tax planners and their clients look toward the end of the year, most of their current planning concerns center around two major items: the Affordable Care Act, and the fate of the "extenders." Together, they generate multiple planning issues.
"Be prepared to explain the Net Investment Income Tax to your clients," said Matthias Weber, a tax principal at Haskell & White. "One of the biggest issues is to get comfortable with the concept of the tax, which was created to offset the costs of Obamacare. A lot of individual clients are misinformed from what they hear about it."
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access