Are You Prepared For The Fiscal Cliff?

| Alerding Alerts

“Fiscal Cliff” refers to anticipated tax increases and cuts in government spending that will occur at the beginning of 2013 when the terms of the “Budget Control Act of 2011” are scheduled to go into effect. Unless Congress acts, these changes in tax law will impact virtually everyone. Major components of this “cliff” are the expiration of the Bush-era tax cuts, as well as the expiration of the decrease in FICA withholding for employees. What does this mean to you? Expiration of Bush Read more [...]