|Dear Clients and Friends,|
With tax season behind us, we want to thank you for your reliance on our income tax preparation services. If it seems legislation affecting the Tax Code has become a common event, then this year is certainly no exception. In fact, Congress kicked off the year by passing the American Taxpayer Relief Act of 2012 (better known as the fiscal cliff legislation) on New Year's Day. The fiscal cliff legislation canceled most income tax increases scheduled to take place in 2013, and made permanent or extended, many of the more popular tax breaks. However, starting in 2013, higher-income taxpayers will face higher taxes-thanks to provisions in the fiscal cliff legislations, as well as a couple tax provisions of the 2010 Health Care Reform legislation that will take effect in 2013. More legislation is certainly possible this year, as the topic of "Tax Reform" continues to be discussed in Washington.
Our firm is honored you have trusted us to handle your income tax matters, and as major developments and opportunities emerge, we are available to discuss the impact on your personal or business situation. In addition, to meet our commitment to you, we are constantly trying to identify ways to improve the quality of the services we offer. To help us in this process, please take a few minutes to complete our short survey online. Please be candid. We greatly value our relationship with you, and your comments are very important to us and will be kept confidential. Again, thank you for allowing us to be of service to you and your company.