Payroll Tax Changes Affect the Way Americans Spend and Save

Read the Article

On January 1, 2013, the American Taxpayer Relief Act put more money back in taxpayers’ pockets with the permanent passage of many tax breaks.  The payroll tax holiday, a temporary tax break to help stimulate the economy, however was not extended on January 1, 2013.  Our infographic looks at how the expiration of the payroll tax holiday impacts spending habits and how individuals use their tax refunds.

Infographic by Column Five Media

[tt_share_code url=”” width=”580″ height=”2901″ title=”TurboTax-Payroll-Tax-Changes” alt=”TurboTax-Payroll-Tax-Changes”]

Lisa Greene-Lewis

Lisa has over 20 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. She has held positions as a public auditor, controller, and operations manager. Lisa has appeared on the Steve Harvey Show, the Ellen Show, and major news broadcast to break down tax laws and help taxpayers understand what tax laws mean to them. For Lisa, getting timely and accurate information out to taxpayers to help them keep more of their money is paramount. More from Lisa Greene-Lewis

Leave a Reply