Beyond the Cliff—the American Taxpayer Relief Act’s Impact On U.S. Industries : LXBN Roundtable

By | LXBN | January 8, 2013
U.S. Corporate Income Tax Return

On January 1st, 2013, the United States Senate handed the government a parachute just as it was falling over the cliff.  Working into the wee hours of the morning, Senate Republicans and Democrats came to an agreement to raise taxes on individuals making more than $400,000 and married couples earning over $450,000.  Upon passing the American Taxpayer Relief Act of 2012 (H.R. 8) by a vote of 89-8, the Senate handed the keys over to the House.  After hours of tense negotiations and closed-door meetings, enough House Republicans joined Democrats to pass H.R. 8, 257-167.

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LXBN TV: The Basics of the Fiscal Cliff Deal & Why the Lack of Sunset Provisions is Important—Michael Walker

By | LXBN | January 4, 2013

It wasn’t easy, but it’s done. After all the bickering, posturing and pontificating, Republicans and Democrats in Congress were finally able to reach a deal they were able to agree on—or at least stomach. That deal: the American Taxpayer Relief Act of 2012, which neither the Senate nor House actually passed in 2012. Joining me to break it down is Portland attorney Michael Walker of Samuels Yoelin Kantor and the Wealth Law Blog

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