The 2012 American Taxpayer Relief Act is a sweeping tax package that includes, among many other items, a permanent extension of the Bush-era tax cuts for most taxpayers, revised tax rates on ordinary and capital gain income for high-income individuals, modification of the estate tax, permanent relief from the alternative minimum tax (AMT) for individual taxpayers, limits on the deductions and exemptions of high-income individuals, and a host of retroactively resuscitated and extended tax breaks for individual and businesses.

To learn more about the American Taxpayer Relief Act, please download and view this Tax Alert PDF file. (To view PDF files, you will need a PDF Reader)