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Archive for September, 2012
2013 Federal CPI Adjustments
Posted by taxguru on September 17, 2012
CCH has released their calculations for the 2013 inflation adjustments to Federal tax brackets, exemptions, standard deductions, and various other items that are required to be modified annually in order to prevent bracket creep.
As with anything to do with predicting 2013 tax rates at this time, assumptions are necessary in regard to whether or not the Bush tax rates will be extended beyond 2012.
“The CCH projections that follow for each taxpayer filing type are made with the assumption that Congress ultimately will extend all Bush-era tax rates and other benefits for at least one more year, through 2013.”
Posted in TaxRates | Comments Off on 2013 Federal CPI Adjustments
Posted by taxguru on September 13, 2012
Tax Cheat Whistleblower Who Got Millions from IRS Will Owe Millions … to the IRS – Nothing new. All compensation for services has always been taxable. This just has such a feeling of ironic justice.
Posted in IRS | Comments Off on
2013 Investment Surtax
Posted by taxguru on September 12, 2012
Bob Jennings explains the new 3.8% investment tax that starts to apply to the Evil Rich in 2013 if ObamaCare isn’t repealed.
Unfortunately, with Romney wimping out on his opposition to ObamaCare, the odds of getting rid of this new insane anti-investment tax are getting slimmer by the day.
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Posted in Jennings, ObamaCare, Romney, SoakTheRich, TaxHikes, video | Comments Off on 2013 Investment Surtax
Tax Guru - Ker$tetter Letter 