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Thursday, December 06, 2012
Fiscal Cliff Could Bring Paycheck Scramble
The longer Congress waits to avoid the fiscal cliff, the more complicated it will be for businesses to figure out how much to pay workers early next year.
The confusion poses the biggest threat to the nation's 27 million small businesses, because the vast majority do their own payroll. That means they'll have to understand what Congress decides and calculate the changes fast.
And the nation's leading payroll group warned on Wednesday that time is running out.
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2 comments:
Everyone realizes that the 'hotshots' in Washington, DC do NOT care about the middle or lower income families, right?
If there were some benefit cuts for congress involved in that cliff, we can be sure they would have already worked out a deal. Once elected none of them care about the taxpayers except making sure we pay our taxes.
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