Outlook 2013: Expect more tax-wise advanced markets sales
January 29, 2013 by Warren S. Hersch
Enactment of the American Taxpayer Relief Act, legislation signed by President Obama on January 2 to avert the fiscal cliff, drew fire aplenty for supposed shortcomings from commentators on both the left and right of the political spectrum. But for insurance and financial service professionals, the new law has one indisputable plus in its favor: It brings permanency to a federal tax code that, for more than a decade, has essentially been in limbo because of Bush-era tax cuts that came with an expiration date.
By easing planning, say experts, the law’s now set-in-stone tax provisions should help boost sales for advisors active in advanced markets, including such fields as investment planning, executive benefits and exit planning, wealth management and estate planning. Click here to read…
