Quote Of The Week: “It’s All Up To Congress”

As we plan for 2013, it’s important to keep a sense of humor.  You’ll see why in this tongue-in-cheek quote from Fidelity Investments about planning for upcoming tax changes in 2013!

“As you may be aware, the Bush-era tax cuts of 2001 and 2003 may expire at the end of 2012. Or they may be extended. Or they may be extended, but modified. Or they may expire, and then be extended or modified in 2013. It is all up to Congress, which most likely will not do anything until after the election.”

Savvy year-end tax moves to consider now, Fidelity Viewpoints, October 10, 2012

Thanks, guys, for the clarification!

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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