Letter Provides Expert Tax-Planning Advice for Accountants to Send to Clients

October 02, 2012 (PRLEAP.COM) Business News
SPRINGFIELD, NJ - The end of the tax year is the ideal time for accountants to reach out to their clients with expert tax-planning advice. Unfortunately, few accountants have an abundance of time to spare. But there is a solution: the 2012 Year-End Tax-Planning Letter.

Written and reviewed by expert tax professionals at WPI Communications, the 2012 Year-End Tax-Planning Letter presents an insightful overview for clients. The letter encourages clients to contact their accountants about the services they can provide.

The 2012 Year-End Tax-Planning Letter is divided into three sections: individual tax planning, business tax planning and financial tax planning. It is offered in either print or electronic format. Either way, it can be distributed easily and widely to current clients, former clients and referral sources.

With a minimum amount of work, accountants can create slightly different variations of the letter for individuals, small-business owners, clients planning for retirement, retired or nearly retired
grandparents, clients planning their estates, prospects (as distinguished from active clients), former clients and referral sources. This practice-building tool can also be used to introduce new products or services.

In terms of tax law, this year is like no other. The stars are aligned to make 2012 a truly memorable year-end from a tax-planning perspective, making this practice-building tool more valuable than ever. Beginning in 2013, federal income tax rates for individual taxpayers are set to increase. Also, lower tax rates for net long-term capital gain and qualified dividends will expire. And a new 3.8% Medicare surtax will apply to certain high-income investors, adding to the tax complexity.

Furthermore, the maximum Section 179 write-off for qualified business property will be scaled back in 2013, while bonus depreciation will expire. Favorable estate- and gift-tax provisions are scheduled to be reduced or eliminated. Finally, the November elections could have a significant impact, requiring some last-minute scrambling.

In addition to the topics listed above, the 2012 Year-End Tax-Planning Letter also covers the following:

  • Bonus depreciation
  • Alternative minimum tax
  • Charitable donations
  • Roth IRA conversions
  • Medical expense deductions
  • Installment sales
  • And much, much more!

  • "The possible tax law changes we're facing this year provide unique tax-saving opportunities to seize and tax pitfalls to avoid for both individuals and small-business owners," said Steve Klinghoffer, president of newsletter marketing company WPI Communications. "The expert advice of an accountant can make a big difference. The 2012 Year-End Tax-Planning Letter conveys this message to clients and prospects in a timely and cost-efficient manner. This letter is designed to encourage clients to contact accountants about the very services they can provide."

    The year-end planning ideas discussed within the letter are general in nature and are intended only to provide an overview. The letter recommends that readers review their situations with their accountants before they take any action.

    WPI Communications has been helping accountants connect with their clients since 1952. The newsletter marketing company publishes Client Information Bulletin and Client eNewsletter. Like the Year-End Tax-Planning Letter, these print and electronic newsletters keep accountants' names in front of clients, prospects and referral sources. They give accounting firms a solid competitive advantage while delivering a steady flow of new business.

    WPI Communications will begin to ship the 2012 Year-End Tax-Planning Letter on or before October 19. Orders received after that date will be shipped within two business days of receipt. To order the 2012 Year-End Tax-Planning Letter, call 973-544-0410 or e-mail slklinghoffer@wpicommunicaions.com.

    WPI Communications, Inc., helps accountants, attorneys, financial planners and other professionals market their practices through editorially based programs that position the practice as being knowledgeable, well trained and willing to communicate their expertise. WPI has been providing newsletter marketing services to professionals since 1952. For more information about WPI Communications or a free copy of "The Complete Guide to Newsletter Marketing for Your Professional Practice," please call 800-323-4995, e-mail info@wpicommunications.com or visit http://wpicommunications.com.