At the end of 2012, many tax policies are set to expire. Although many of these tax provisions are commonly referred to as the “Bush tax cuts,” President Obama extended many of these provisions for all income earners for two years in December 2010.
Today, April 17th, 2012 is tax day. It marks the end of fiscal things 2011 for individuals across the country, and the beginning of fiscal year 2012 work for accountants everywhere. You’ve (hopefully) paid your taxes. But, how have things changed in the past year?
In our second installment of “Are taxes the ticket?” we bring you an updated breakdown of the tax brackets, a look at the “Buffett Rule,” and more! Check it out.