Personal income tax rates will rise on January 1, 2013

Higher taxes on marriage and family coming on January 1, 2013

Middle Class Death Tax returns on January 1, 2013

Higher tax rates on savers and investors on January 1, 2013

The Obamacare Medical Device Tax begins to be assessed on January 1, 2013

The Obamacare Medicare Payroll Tax Hike takes effect on January 1, 2013

The Obamacare “Special Needs Kids Tax” comes online on January 1, 2013

The Obamacare “Haircut” for Medical Itemized Deductions goes into force on January 1, 2013

The AMT will ensnare over 31 million families, up from 4 million last year

Full business expensing will disappear

Taxes will be raised on all types of businesses

Tax Benefits for Education and Teaching Reduced

Charitable Contributions from IRAs no longer allowed