As talks of a "fiscal cliff" escalate, the U.S. Chamber of Commerce has published information on a website to help the public understand the tax implications.
Dec. 31, 2012, marks the expiration of the 2001 and 2003 tax rates. In addition, there are mandated federal cuts to spending.
On the friendsoftheuschamber.com/fiscal-cliff site, viewers can see what could happen to their taxes if Congress and the White House do not meet a compromise in the next month.
For more information, see http://www.uschamber.com/issues/econtax/tax-reform.