'Fiscal Cliff' Creates Flood of Work for Attorneys

The uncertainty of the ongoing “fiscal cliff” negotiations has resulted in a flood of work for attorneys as their clients try to plan for the future, the National Law Journal reports. Due to the potential for changes in tax rates, Medicare taxes and capital gains taxes, businesses are looking to accelerate income before the year ends to avoid uncertainty in 2013. Attorneys are presenting their clients with different year-end scenarios to prepare them better for the future.