It seems like we averted fiscal doom (this time) as President Obama, Democrats, and Republicans in Congress finally reached a “fiscal cliff” deal.
But despite President Obama notching a “win,” of sorts, on his scoresheet, the deal may seem like some amorphous piece of legislation with uncertain impact on you and your small business.
As with most politicized issues, you may have to roll up your sleeves and really do some reading to figure out just what the “fiscal cliff” deal means for you. To help you out, here are five ways – some good and some bad – that the deal may impact your business:
To learn more about how the fiscal cliff deal impacts your business, you may want to post a question at our FindLaw Answers forum. For more specific advice, you may want to contact a tax lawyer.
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Related Resources:
- Fiscal Cliff Tax Deal: What Does It Mean for Small Business? (Forbes)
- What Online Sales Tax Means for Small Biz (FindLaw’s Free Enterprise)
- Taxes About to Go Up for 163 Million Employees (FindLaw’s Free Enterprise)
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