Vorsatz Quoted in “What Obama’s Win May Mean for Personal Tax Planning”
Upon President Barak Obama’s reelection, tax advisers suggest a few tax planning moves that “could be a smart way for individuals to play a second Obama presidency.” Despite some uncertainty on how exactly taxes will change, Andersen Tax CEO Mark Vorsatz advised selling investments with big paper profits before the new year.
“There is no way capital gains rates are going down in 2013,” said Vorsatz. Year-end sales would make offsetting losses difficult to find.
November 7, 2012
Read the entire article here.