The upcoming Taxmageddon has everyone literally paralyzed as to business and tax planning.
The US Chamber of Commerce has an actual Fiscal Cliff Countdown Clock.
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From Blog Pix |
Of course, their countdown clock assumes that the Mayan countdown clock for the end of the world on 12/21/12 will be wrong. If the Mayans were right, who cares about taxes anyway?
The Chamber also has an interesting tool from the Tax Foundation to do rough 2013 Federal income tax calculations with side by side comparisons of the results under three different basic scenarios. It also has the ability to customize it by adding any or all of these new scenarios:
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From Blog Pix |