fiscal cliff Archives

Arizona’s delegation splits on ‘fiscal cliff’ vote

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Arizona’s U.S. House delegation split along party lines late Tuesday night as the House passed the so-called “fiscal cliff agreement. The agreement avoided middle-class tax increases. House approval of the legislation already approved by the Senate sent it to President Barack Obama. Democrats Ron Barber, Raul Grijalva and Ed Pastor voted for the agreement. Republicans… Read More →

Despite Fiscal Cliff deal, taxes will rise for most

Three Things Building Owners Need To Know To Reduce Their Taxes - AZ Business Magazine June 2010
by in Business News

While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013. That’s because the legislation did nothing to prevent a temporary reduction in the Social Security payroll tax from expiring. In 2012,… Read More →

Senate strikes fiscal cliff deal

Small Businesses getting help in down economy
by in Business News

The Senate has passed legislation to block the impact of across-the-board tax increases and spending cuts that make up the fiscal cliff. The vote was an overwhelming 89-8 and came well after midnight on New Year’s Day. A House vote is expected before Wednesday. The White House-backed legislation would prevent middle-class taxes from rising, and… Read More →

Arizona could get revenue boost from ‘fiscal cliff’

Proactive Investing vs. Reactive Investing

Legislative budget analysts say the federal budgetary “fiscal cliff” may have a bright side for the Arizona state treasury, at least in the short term. The joint Legislative Budget Committee staff says it appears that investors and companies are taking steps to respond to the possibility of higher federal income tax rates in January. Those… Read More →

What Are You Afraid Of? How To Avoid Making Decisions Out Of Fear

making decisions out of fear

I think business owners, managers and employees are about to let out a collective sigh. We did it! We made it through 2012. It has not been an easy year for several industries. As I look back on 2012, I realize many of my most challenging experiences were because of the unknown that lies in… Read More →

Fiscal Cliff: Impact Scenarios for the Commercial Real Estate Industry

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  Cassidy Turley released research examining the impending “fiscal cliff’s” impact on commercial real estate markets across the country. The fiscal cliff refers to the combination of tax increases and spending cuts that will take effect in January 2013, assuming no change to the current law. Economists’ general consensus is that if the fiscal cliff… Read More →

Avoiding the fiscal cliff

fiscal

The Obama administration and House Republicans have unveiled their opening offers in talks to avoid the so-called fiscal cliff. Details are scant but the White House estimates its plan would carve $4.4 trillion from the deficit over the coming decade, including previously enacted cuts ($1 trillion) and savings from reduced costs for overseas military operations… Read More →