#1 What You Need To Know About Taxes In 2014: Expired Tax Breaks, Obamacare Penalties & More by algernonpj 08.01.2014 12:46

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What You Need To Know About Taxes In 2014: Expired Tax Breaks, Obamacare Penalties & More
Forbes
By Kelly Phillips Erb January 5, 2014 2:12 PM

Tax season opens in 26 days. And here's my big prediction: a lot of taxpayers will be taken by surprise. Despite all of those "no new taxes" type promises, tax bills are expected to edge higher for a number of taxpayers for the 2013 tax year. And 2014 holds even more surprises. Here's a quick look at what to expect:

Higher income taxpayers are going to pay more. You're going to figure this out in a few months when you file your tax return. And it's no fluke. It will happen again in 2014.
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It's not just higher income taxpayers who will feel a difference: taxpayers who are affected by the Affordable Care Act could also feel the pain in 2014.
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more:
http://news.yahoo.com/know-taxes-2014-ex...-191200714.html

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