Daniel Packard, MAcc, CPA, CFE Discusses Post Fiscal Cliff Issues

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Dan Packard, MAcc, CPA, CFE Idaho Falls discusses the aftermath of the fiscal cliff on channel 8

An excerpt from Dan’s interview:

“Idaho Falls accountant Daniel Packard said at the start of each year, his office at Cooper Norman is full of people waiting to get their finances in order.

‘They’re concerned of the implications that legislation will have on their personal tax liabilities,’ said Packard, a certified public accountant. ‘We’re all planners, we all hope to be able to forecast our income, and with such uncertainty, it scares people.'”

-Stephanie Hale-Lopez of Channel 8

The deal made to avoid the cliff will impact people differently depending on their income and other factors. It’s a good idea to talk to your accountant as soon as you have questions so that you can plan for changes and make adjustments as early as possible and not end the year with surprises.

Here is more information about the 2% Social Security tax increase.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]


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