What's new for 2013

DUE DATES (important reminders)

CALIFORNIA’S: Gov. Jerry Brown, after 5 years of crippling deficits announced that the state is in the black. Now it is time to increase our spending, at least slowly for now!

The Bush Tax Cuts are over, for the most part. However, the Majority in Congress delayed closing some of the Bush Tax cuts again, resulting in the Fiscal Cliff. The results were not what the President wanted, so a compromise was sent. Employee’s will see an increase (2%) of Social security tax (4.2% to 6.2%)

Begin as soon as your employer gets the new withholding tables.

American Taxpayer Relief Act of 2012 (*ATRA 2012) Here is a brief listing of the Act;

Healthcare, just look at the current state of Private Insurers (Medical Plans, their already made dental insurance plan a JOKE). Their profits are at an all time high as well as their Top Pay for CEO’s and others. So where does that money come from, YOU. And less than half of the total spent on Health Insurance goes to pay your doctors, hospitals and others. Just like the recent housing bubble, can this trend in Health Insurance cost increases CONTINUE? HEALTH CARE IS A GREAT PLACE TO WORK, BUT EXPECT THOSE INCREASES IN PAY TO STOP AND/OR EMPLOYEE BENEFITS TO COST YOU MORE.

There a thing called the “Cycle of Life”, we all are dependent on everyone else, break the cycle anywhere and the life cycle stops. This cycle is Greed vs others.

#benefits #bushtaxcut #employeebenefits #franchise #incometaxes #IRS #socialsecurity #tax #taxreturn #THJTAX #THJTAXServices #tips

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