Friday, January 4, 2013

Fiscal Cliff Legislation

Are you interested in the legislation on the Fiscal Cliff...?

This is written for the Journal of Accountancy, a magazine by the American Institute of Certified Public Accountants..

Fiscal Cliff Legislation Explanation

This gets somewhat techincal as you read farther into the article, but shows just how far reaching this bill really is...

But the big news is it makes the Bush Era Tax reductions permanent!!



  1. Rod - Great information, Tracy and I were discussing this last night and I told her that I would have to do some research to find this out, you saved me that research. Thanks.

  2. I tried Rod, really, but it does get a little heavy for recreational reading.

  3. It makes the Bush Tax Cuts permanent for those earning less than $400,000 a year and families making less than $450,000.

    So, Rod, I don't see how this helps you at all!!!!!!

  4. Brace yourself for your first payroll check of the year. Everyone's taxes and social security withholdings are going up.


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