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Client Update (January 2013) – Highlights of the American Taxpayer Relief Act

January 2013

Taking effect January 1, 2013, the American Taxpayer Relief Act extended/increased the gift, estate and generation-skipping tax exclusions, while increasing the gift, estate, and generation-skipping tax rate to 40% and increasing certain income tax rates as well. 

Client Update (January 2013) – Highlights of the American Taxpayer Relief Act

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