New Stealth Taxes Hit Affluent-What You Can Do to Reduce Bite

May 2013
Insurance Broadcasting;5/28/2013, p1
Trade Publication
The article offers information on the new Stealth Taxes that will affect rich people in 2013. It discusses that the limitations in the personal exemptions and itemized deductions imposed by the new tax law will increase the amount of income tax to be paid. Shomari Hearn, vice president of Palisades Hudson Financial Group provides several tips to reduce the taxes including contributing to qualified retirement plans, investing in tax-free bond funds and donating securities to charity.


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