Nov. 16, 2012
Year-end tax tips
First, we have the so-called fiscal cliff, comprised of an incredibly long list of expiring tax breaks (including the Bush Era tax cuts). What's more, at least some tax increases in 2013 are certain.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
This has to go down as one of the strangest year-ends on record. First, we have the so-called fiscal cliff, comprised of an incredibly long list of expiring tax breaks (including the Bush Era tax cuts). What's more, at least some tax increases in 2013 are certain. The phase-out of deductions and credits will hurt, but it's the expiring 15 percent capital gain rate that generates the most buzz.
After Dec. 31, the best rate on l...
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