By Daily Crux Editor Justin Brill:

We can't be sure when. We don't know by how much. But your taxes are going up… that is certain.

This new realization has caused tax advisors to reconsider the common advice of holding assets for the long term and contributing to tax-deferred retirement accounts.

The new rules say you might want to sell long-term holdings now to take advantage of the 15% capital gains rate, which is certain to rise. And while it's still a good idea to contribute to a retirement plan, you may want to avoid a tax-deferred option unless your employer offers a significant match or your investment horizon is long.

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