Small Business: 'Cliff's' tax changes
Photo credit: AP | President Barack Obama praises the bill that staves off tax hikes from the "fiscal cliff," and provides extensions to some helpful business-related breaks. But a number of businesses are still worried about the deal's impact on their bottom line. (Jan. 2, 2013)
The "fiscal cliff" has been averted, but with the deal comes some tax changes for small businesses this year.
For some entrepreneurs, it could bring welcome extended breaks, and for others, particularly high earners, it could mean a hit to their bottom lines, experts said.
"There were some good business-related breaks extended, but despite the claims from Washington that tax rates have...
