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. .... .... .... 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. .... .... ....