by GruffyGoat Team | Jan 14, 2013 | Uncategorized
H.R. 8, aka The American Taxpayer Relief Act, averted the “fiscal cliff” and made permanent the federal estate tax with an exemption of $5.12 million per individual and a tax rate of 40% for amounts over the exemption. But you might be wondering about the...
by GruffyGoat Team | Jan 11, 2013 | Uncategorized
Thanks to Congress’s dragging debate over the “fiscal cliff” and delay in passing the changes to the tax law, the filing season has been delayed. The IRS announced yesterday that it will begin processing tax returns on January 30, 8 days later than...
by GruffyGoat Team | Jan 3, 2013 | Uncategorized
Congress began to slip off the “fiscal cliff” but managed to pull itself back up with a past-last-minute bill, The American Taxpayer Relief Act, passed January 1 that preserved Bush-era tax cuts and and extended other lapsed tax provisions. The act...