Demystification of the Recent Tax Changes

Michael Kmetz

January 25, 2013

The American Taxpayer Relief Act of 2012 (better known as the fiscal cliff legislation) became law on 1/2/13 . Due to the expiration of the so-called payroll tax holiday, all workers will pay higher federal taxes this year, but the Act cancels most other income tax increases that would have resulted in added misery for just about every individual taxpayer. In addition, many popular tax breaks...

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"My congratulations to you and the staff of Kmetz, Nuttall, Elwell and Graham on being recognized as one of Indian River County's Best Places to Work for 2010 by Workforce Solutions of the Treasure Coast. You and your entire staff should be extremely proud of this accomplishment. Your commitment to your business, your employees and our community is what makes the Treasure Coast a wonderful place to live."

-Joe Negron, State Senator District 28

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