A question we are sometimes asked is, "What impact did The American Taxpayer Relief Act of 2012 have on estate and gift tax rules?" It's a good question. Let's talk about it.
BHT&D Certified Public Accountants Blog
On January 1, 2012 the American Taxpayer Relief Act of 2012 was passed by the U.S. Congress and signed into law by President Barack Obama on January 2nd. It will take effect in 2013 and will impact most taxpayers. Do you know how this will effect you?