There is a lot of talk in the financial news about the coming “fiscal cliff” and its potential ramifications for investing, financial planning, tax planning, and estate planning. While there is a lot of speculation about what might happen in the coming weeks and how to plan ahead, investors still face an enormous amount of […]
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Tag Archives | Fiscal Cliff
The Tax Landscape: Countdown to 2013 as Fiscal Cliff Looms
The Tax Landscape: Countdown to 2013 as Fiscal Cliff Looms In December 2010, Congress extended the so-called Bush-era tax cuts. However, for investors, the legislation may have been a stay of execution rather than a full pardon. As of January 1, 2013, federal tax rates on income, qualifying dividends, and capital gains (among other provisions) are […]