Opportunities/pitfalls in new tax law: two free resources to help you serve your clients.

• Position: Brief Article

The Jobs and Growth Tax Relief Act of 2003 was signed into law on May 28, 2003. To help firms educate clients on the tax changes, Partnering for CPA Practice Success (PCPS), the AICPA Alliance for CPA Firms, and the AICPA Tax Section have created two products. A PowerPoint presentation, outlining some of the pitfalls in the new tax law and some planning opportunities for practitioners and their clients to focus on, is available at no cost at http://www.pcps.org/ppt/2003_Tax_Act.ppt. A client brochure, Planning Opportunities and Pitfalls in the New Tax Law, is designed to help clients understand better what changed in the new tax law. It can be used to foster discussion on how the tax law...