Tagged: fiscal cliff

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After failing to get his party in line, Republican Speaker of the House John Boehner abandoned his plan for avoiding the fiscal cliff.

Instead, a decision will have to come from the Senate. President Barack Obama met with Democratic Senate Majority Leader Harry Reid Friday afternoon and is set to address the public shortly.

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It’s said that one of the certainties in life is taxes.  However, taxes for 2012 are to some degree, uncertain because of ongoing negotiations over the so-called fiscal cliff.

Host Don Marsh talked with tax expert Lance Weiss, C.P.A., of SFW Partners, LLC about end-of-year tax preparations and what can be done to minimize the amount owed on federal and state income tax returns due in April.

Going over the so-called fiscal cliff is the major talk in Washington D.C. though the Missouri and Illinois delegations are dealing with other issues as well.

Host Don Marsh talked with St. Louis Beacon Washington D.C. Correspondent Rob Koenig about the latest news from the nation’s capital, including the fiscal cliff.