Illinois CPA Society Explains How the "Fiscal Cliff" May Affect Everyday Americans
If not renewed by Congress, the expiring items could cost households an average of $3,500 in higher taxes next year.
Now is a good time to for Americans to become more aware of potential changes and prepare for what may be coming down the pipeline. Planning is imperative and working with a CPA can help you better understand your options, such as changing tax withholdings or accelerating income into 2012 from 2013.
