Does Obama being re elected have any impact on 2013 tax season?

  1. peeples profile image95
    peeplesposted 5 years ago

    Does Obama being re elected have any impact on 2013 tax season?

    Are we looking at any major changes this tax season because of Obama being re elected?

  2. LandmarkWealth profile image80
    LandmarkWealthposted 5 years ago

    Yes, a substantial effect.  I outlined most of the most recognized impacts to personal and small business returns here...

    http://landmarkwealth.hubpages.com/hub/ … es-In-2013

    Some of this is still yet to be finalized and may be altered going foward. For example, I personally expect the estate tax limit to be raised from 1 mill to somewhere around 3.5 mill.   Keep in mind there are also numerous other changes to the tax code that impact consumers more indirectly.  Things like the new "Innovation Tax" on medical device makers will be paid indirectly through higher premiums, but not actually show on your return.

  3. Robert Garding profile image59
    Robert Gardingposted 5 years ago

    We will soon find out that everything is going to change......and not for the better.  All the warning signs our out there.  We just have to start paying attention to them.

 
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