With Congress' recent approval of President Clinton's tax package, consumers have been scrambling for ways to protect their money.

Under the new law, the top personal tax rate climbs to 39.6%. Add state and city taxes to that, and high-income investors could be facing hefty tax bills come April.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.