My wife handles all the financial aspects of our business because I have a temper but she sees tougher times ahead for our business. There are times she did not take a pay check (I do not take a pay check) so the payroll could be met and I'm sure many business owners here have done the same.
Now she is talking about permanently reducing her pay and possibly cutting some employee benefits to avoid cutting their pay and/or a layoff. 2013 is a real question mark for many reasons primarily Obama's desire to remake America into Europe and Greece.
Unless our bookkeeper made a big mistake, it looks like the IRS is looking to take our money more frequently than had been the case previously.
Anyone seeing this ?
.
