McKINLEY & CO., PC Certified Public Accountants
  • Home
  • Services
  • Industries
  • Payments
  • Contact Us
  • Login
  • Client Application
  • Schedule an Appointment

Congress and the administration give themselves an extension.

1/3/2013

0 Comments

 
The American Taxpayer Relief Act which was passed today to prevent us from going over the "fiscal cliff" is apparently just a stop-gap measure.

Tax increases were not as bad as many feared and spending cuts were few and far between. The major effect of the law will be to delay "sequestration" (automatic across the board budget reductions). Congress will probably revisit tax policy and spending cuts when it tackles the expected increase in the nations's debt limit in February.

Call us for our take on how the law will effect you.
0 Comments



Leave a Reply.

    Archives

    December 2014
    November 2014
    October 2014
    July 2014
    February 2014
    December 2013
    October 2013
    January 2013

    Categories

    All
    Federal News
    Federal News
    Firm News
    General
    PA News

    RSS Feed

McKinley & Co., PC
Certified Public Accountants and Consultants
273 Main Street
​Brookville, PA 15825​
Services
Contact Us
  • Home
  • Services
  • Industries
  • Payments
  • Contact Us
  • Login
  • Client Application
  • Schedule an Appointment