Archive for January 10th, 2013

Why the “Unconscionable” Tax Burden Will Continue


Thursday January 10th, 2013   •   Posted by K. Lloyd Billingsley at 11:44am PST   •   3 Comments

The U.S. tax code places a “significant, even unconscionable burden” on taxpayers and needs to be completely overhauled. That is the view of Nina E. Olson, national taxpayer advocate with the Internal Revenue Service, as she explained to Congress on January 9. The code is so complicated, that individuals and business have to spend...
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Your Paycheck After the Fiscal Cliff Deal


Thursday January 10th, 2013   •   Posted by Craig Eyermann at 5:05am PST   •   4 Comments

How much will your paycheck change as a result of the recently passed fiscal cliff deal in Washington D.C.? The answer to that question depends not just upon how quickly your employer can incorporate the required changes in federal withholding tax rates, but also upon which set of instructions they received from the IRS...
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