This past year saw much news and change in the world. From Hurricane Sandy to the Presidential election, the Olympics to the horrifying school shooting in Connecticut, we can only describe 2012 as an eventful year filled with ups and downs. The markets reflected this, swinging throughout the year before ending on a positive note, […]
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Tag Archives | Debt Ceiling
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 […]
The Budget Control Act of 2011: Agreement Reached Over Stalemate on the Nation’s Debt Ceiling
The Budget Control Act of 2011: Agreement Reached Over Stalemate on the Nation’s Debt Ceiling After a last-minute agreement finally brought the stalemate over the nation’s debt ceiling to a close, President Obama signed the Budget Control Act of 2011 into law on August 2, 2011, enabling the U.S. Treasury to avoid defaulting on existing […]