Downtown Minneapolis, usually bustling on a Wednesday, is pretty darn quiet today. That's what happens when Christmas falls on a Tuesday. Nobody wants to go back to work the next day, and people find a way to use vacation days.
Not me, though. Here I am, working, and this is never a slow week for me. It's the last week of the year, and this is a big last-minute tax-planning time for clients. What makes this year particularly difficult is that we don't know what rules we are playing by, thanks to a do-nothing Congress, and the best advice we can offer has a lot to do with guesswork.
One thing that will get people's attention next month (meaning next week), if they get a paycheck, barring some breakthrough among legislators, is that the payroll-tax reduction has not been renewed, and folks will find 2% less in their net pay. I wonder how loud people will squawk.