Update: Highlights of the American Taxpayer Relief Act of 2012

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Signed on January 2, 2013, by the President, the American Taxpayer Relief Act of 2012 addresses a raise in taxes for higher income households, provides a fix to the Alternative Minimum Tax, and extends a few tax credits. AHP has summarized the key tax provisions of the Act in order to illustrate how it may affect you.


Any accounting, business, or tax advice contained in this communication, including attachments and enclosures, is not intended as a thorough analysis of specific issues, nor a substitute for a formal opinion, nor was it written to be used to avoid tax related penalties.