April 2013

• Reducing Uncertainty, Increasing Complexity
• Restoring A Higher Tax Bracket
  • When 39.6% = 20%
  • Shifting Gears
• Lower Income, Higher Taxes
  • Eroding exemptions
  • Declining deductions
  • Sustaining the surtax
• Estate and Gift Taxes Have been Clarified
  • Preserving portability
  • Generous gifts
• Breaks for Business Owner
  • First-year equipment deductions
  • Bonus Depreciation
  • Credit check
• AMT Relief, Child Tax Credit, and More
  • Equality for couples
  • IRA charitable contributions
  • American Opportunity Tax Credit