Special Publications 
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Up Close - Up Close - October 25, 2012 |
By Mike McLean
Of the Journal of Business
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Tax preparers here say they're bracing for a frantic winter regardless of how the tax picture shakes out, as their clients take advantage of tax breaks for 2012 and start planning for big changes in 2013.
With the Bush-era tax cuts set to expire and Obamacare provisions coming into effect on Jan. 1, 90 percent of Americans could expect to be hit with tax increases next year, says Kevin Cox, principal at the Spokane office of Minneapolis-based LarsonAllen LLP accounting firm.
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With the Bush-era tax cuts set to expire and Obamacare provisions coming into effect on Jan. 1, 90 percent of Americans could expect to be hit with tax increases next year, says Kevin Cox, principal at the Spokane office of Minneapolis-based LarsonAllen LLP accounting firm.
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