If you were legally married on 12/31/12, the IRS considers you married for the entire year of 2012.

After months of senseless haggling, the Senate, early in the morning of Jan. 1, 2013, by a vote of 89–8, and the House of Representatives, late in the evening of Jan. 1, by a vote of 257–167, passed the American Taxpayer Relief Act of 2012, P.L. 112-240 (the Act). On Jan. 2, President Barack Obama signed the act into law, thereby avoiding the “fiscal cliff.” What was left on the table after the deal, which will set up another prolonged battle that will reinforce the divisiveness that has plagued Congress, are spending cuts, the budget, and the debt ceiling, not to mention basic tax reform.

How exactly does one account for the taxes on health care expenses? Forbes.com blogger Kelly Phillips Erb explains how ObamaCare does and does not change the tax treatment. This is part two of a two part Tax Tip on the changes in health care.

Beginning January 7, 2013, the State of Ohio will begin taking applications for workforce training grants. The program is called the “Ohio Incumbent Workforce Training Voucher Program”.

There is at least one much anticipated tax law change for 2013---the Ohio Estate Tax is gone! (refer to TTW# 103 for more background on the Ohio estate tax).

Instead, the family of Bradstreet & Company would like to wish you and your family the most joyous holiday season and best wishes for 2013.