10 Ways to Fight Back Your $1,000 Payroll Tax Hike

Feel like your paycheck is getting smaller? You’re not imagining it: The two-year reduction that decreased the payroll taxes you pay from 6.2% to 4.2% of your salary were allowed to expire at the beginning of the year, which means that a family with a household income of $50,000 will now have about $1,000 less to spend this year.

A thousand bucks is serious money, but losing that take-home pay doesn’t have to be as scary as it sounds. On a month-by-month basis, your income will drop by $83 and change. With a little creativity, you can shave that much from your budget each month without a great deal of sacrifice.
You can read the entire article from the “Time Business & Money” article by clicking HERE.