Sticker Shock Lurking For Taxpayers Filing 2013 Returns

Law360, New York (January 31, 2014, 3:05 PM EST) -- Many taxpayers who are just now beginning to file their federal income tax returns for 2013 are in for some “sticker shock” as a result of the increase in tax rates and numerous other changes made by two recent laws — the American Taxpayer Relief Act and the Patient Protection and Affordable Care Act.

The changes made by these two laws will affect a wide range of Americans, including individuals, small business owners and real estate investors, and will hit them where it hurts — in...
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