REUTERS – Now that the President and Congress have reached a tax deal to avert the”fiscal cliff”, many Americans are breathing a sigh of relief as most income tax rates will remain in place and certain benefits on which many Americans have depended have been extended or made permanent. Still, one major perk has gone away — the payroll tax cut for most U.S. workers expired on December 31. This year, workers will see a two percent increase — from 4.2 percent to 6.2 percent – in their payroll taxes […]