Tag: fiscal cliff

2013 Tax Changes, Credits and Impacts You Need to Be Aware of When Filing Your Tax Return in 2014

[Updated for 2013-2014 tax filing season] Thanks to the so called fiscal cliff deal reached last year there were a number of impacts to taxes in 2013 which you need… Read more »

Fiscal Cliff Deal Reached – Extending Unemployment Benefits, Tax Cuts, AMT Patch, EITC, Payroll Tax Credit Expiry, Delaying Budget and Defense Cuts

[Updated Jan 2013] Congress and the Obama administration have reached an agreement that will avert a significant portion of the fiscal cliff and its associated impacts on your pay check and… Read more »

Payroll Tax Credit Holiday To Expire in 2013 Amongst Other Breaks in New White House Fiscal Cliff Impacts Report

[Updated following fiscal cliff deal] – Unfortunately it looks like the payroll tax credit will not be extended into 2013 under the new deal Congress and the Obama administration have reached. See… Read more »

Will We Fall Off The Fiscal Cliff in 2013 – Impacts on Your Taxes and Finances

The Washington Post had two graphics that neatly summarize the impacts from the fiscal cliff. This is the number one topic in the world of finance and almost all Americans… Read more »

2013 Tax Rates and Brackets, Standard Deduction and Personal Exemptions Updated in Federal IRS Tax Table

[Updated with 2013 IRS inflation adjusted tax brackets and fiscal cliff changes] Congress and the Obama administration’s fiscal cliff deal (ATRA act) means that 2013 federal tax rates will remain fixed for nearly… Read more »

2013 Business Tax Changes and Credits in Fiscal Cliff Deal Extend Small Business Jobs Act Tax Changes

[2013 Small Business Tax Breaks Extensions] Congress and the Obama administration have reached an agreement that will extend a number of small business tax breaks through 2013 following the fiscal cliff deal which was… Read more »