Personal Finance and Tax Tips You Can Actually Use. It’s how we ACT.
Are you feeling the pain from your reduced paycheck as of the beginning of the year? When the temporary payroll tax deduction ended in December, our social security tax deductions went back up to 6.2% of our gross pay. It was only 4.2% when the temporary reduction was in effect. 2% more of your pay [...]
What was that fiscal cliff all about? How does the fiscal cliff “fix” affect you? Late last year, we heard a lot about the so-called “fiscal cliff” – a combination of spending cuts and tax hikes set to automatically take effect unless the parties in Washington came to some kind of compromise. The scenario was [...]
