The Approaching Fiscal Cliff
October 4, 2012
A panel of experienced tax professionals will explain the expiring federal tax breaks and automatic federal spending reductions scheduled to go into effect in 2013, leading economists to forecast an all but certain fiscal and economic crisis. Hear about the latest proposals from both sides of the aisle to address the problem and the possible outcomes under various post-election scenarios. The panel will also discuss the income, estate, and gift tax planning steps businesses and individuals have taken - or might consider taking before year end – while the law is still certain. This is the first of two sessions on tax reform. The second will take place after the November elections.