Tag Archives | fiscal cliff

After The Fiscal Cliff Deal: Estate and Gift Planning Explained

Estate and Gift Planning After The Fiscal Cliff Deal Now that the fiscal cliff has been averted — at least temporarily – there is widespread confusion about the effect on estate and gift planning of the 11th hour tax law passed by the Senate on New Year’s Eve, and by the House of Representatives one day […]

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IRS Offers Details on Retirement Plan Provisions of the Fiscal Cliff Deal

The Internal Revenue Service is providing information on some of the retirement plan provisions of the fiscal cliff deal that was signed into law earlier this month. The American Taxpayer Relief Act of 2012, or ATRA, extended the ability to do tax-free Individual Retirement Account rollovers to charity. The new law also expanded the ability […]

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2012 Ends with Hiring Trends Down, But 2013 Offers Growth Opportunities

As 2012 came to a close, small business owners held less optimism about the economy and month-over-month hiring trends were down, according to the SurePayroll Small Business Scorecard. As 2012 came to a close, small business owners held less optimism about the economy and month-over-month hiring trends were down, according to the SurePayroll Small Business Scorecard. SurePayroll […]

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IRS Provides Guidance on Next Year’s Medicare Surtax

As Congress continues to argue about how to handle the approaching “fiscal cliff,” taxpayers should be aware that there is one new tax taking effect next year that is not part of the tax breaks expiring at the end of this year. Background: The “fiscal cliff” or “Taxmageddon” generally refers to a combination of upcoming […]

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