Daily Archives: January 14, 2013

Summary of The American Taxpayer Relief Act

On the first day of the year 2013, the United States Congress passed House Resolution 8, better known as the American Taxpayer Relief Act (ATRA) of 2012. Aside from preventing a headlong dive off the proverbial fiscal cliff, ATRA extends some of the Bush-era tax cuts and introduces new provisions that may or may not help to curb the budget deficit and stimulate the American economy.

Langdon & Company LLP have experienced Raleigh tax service professionals available who understand the tax laws and how they may impact individuals or specific businesses.

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