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  2. Tax Law Changes You Need to Know About for 2013 - AOL

    www.aol.com/news/2013-01-30-tax-law-changes-2013...

    By Bonnie Lee Happy New Year! I don't know what you did on New Year's Eve, but we all know what Congress did: they finally hammered down some tax legislation for 2013 and beyond. These last ...

  3. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    Under United States tax law, the standard deduction is a dollar amount that non-itemizers may subtract from their income before income tax (but not other kinds of tax, such as payroll tax) is applied. Taxpayers may choose either itemized deductions or the standard deduction, [1] but usually choose whichever results in the lesser amount of tax ...

  4. American Taxpayer Relief Act of 2012 - Wikipedia

    en.wikipedia.org/wiki/American_Taxpayer_Relief...

    An act to extend certain tax relief provisions enacted in 2001 and 2003, and to provide for expedited consideration of a bill providing for comprehensive tax reform, and for other purposes. Acronyms (colloquial) ATRA: Enacted by: the 112th United States Congress: Effective: January 1, 2013: Citations; Public law: Pub. L. 112–240 (text ...

  5. Social Security Tax Cut: New Proposal Could Save Seniors Big ...

    www.aol.com/social-security-tax-cut-proposal...

    The federal Social Security Check Tax Cut Act would similarly phase out federal taxes on Social Security benefits, beginning with a 10% cut in year one and increasing to 20% in year two.

  6. 2013 United States federal budget - Wikipedia

    en.wikipedia.org/wiki/2013_United_States_federal...

    Changes in revenues primarily represent a return to the long-run average. Tax revenues historically have averaged around 18% GDP. The subprime mortgage crisis resulted in significant declines in revenues, with revenue falling to a record low 15% GDP. President Obama's budget preserves the Bush income tax cuts for couples earning below $250,000 ...

  7. 8 States Making Tax Changes: Some Painful, Some Pleasant - AOL

    www.aol.com/2013/03/10/state-tax-changes-2013

    His proposal would reduce the sales tax rate from 6.875 percent to 5.5 percent and pay a $500 property tax rebate, but would add a new higher income tax bracket that would send the top rate up 2 ...

  8. United States fiscal cliff - Wikipedia

    en.wikipedia.org/wiki/United_States_fiscal_cliff

    This is an accepted version of this page This is the latest accepted revision, reviewed on 21 February 2025. 2013 tax increase and spending decrease This article is part of a series on the Budget and debt in the United States of America Major dimensions Economy Expenditures Federal budget Financial position Military budget Public debt Taxation Unemployment Gov't spending Programs Medicare ...

  9. 10 tax tips for seniors - AOL

    www.aol.com/news/2010-02-04-10-tax-tips-for...

    Every year about this time, I receive a lot of mail from seniors who are confused about whether they should file a tax return. The confusion stems from the fact that many seniors receive income ...

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