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Fiscal cliff deal: What will it mean for you?

Submitted by MyFoxAL Web Staff on Saturday, January 5th, 3:00 pm
Fiscal cliff deal: What will it mean for you?

By Mark Trumbull | Content provided by CSMonitor.com

Your taxes are probably going up, but not as much as they would have without a "fiscal cliff" deal.

That's the short summary of what's in store for US households now that a fiscal bargain between the White House and Congress has been reached.

The welcome news for personal pocketbooks is that most Americans will see no change in their income-tax rates.

But the amount of taxes paid will still rise, for two major reasons: First, workers will owe 2 percent more of their paychecks to the government in 2013 because Congress is allowing a temporary payroll-tax cut to expire. Second, tax rates are rising for households that earn more than $450,000.

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Bank of America mortgage assistance event Dec. 2-3

Submitted by Brianne Britzius, Fox 6 Digital Producer
Wednesday, November 30th, 2011, 1:36pm

Bank of America will host a free, public event to help Birmingham Bank of American mortgage customers in danger of foreclosure. According to a press release, the bank has identified almost 6,000 customers who may benefit from this weekend's event. Home retention specialists will help homeowners explore alternatives to foreclosure such as home loan modificiations.

Homeowners can receive personal help from 8:30 a.m. to 5:30 p.m. Friday, Dec. 2 and Saturday, Dec. 3 at the Jefferson County Committee for Economic Opportunity. The facility is located at 300 8th Ave. W. Those interested must register and can learn which documents they should bring to the event at bankofamerica.com/homeownerevent or 1-855-201-7426.

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Night falls on downtown Birmingham

Submitted by Virginia Jones on Monday, August 22nd, 10:50 am
Night falls on downtown Birmingham

The City Federal Building on 2nd Avenue North has been a Birmingham landmark since it was built in 1913.  At the time, this 27-story structure was the tallest building in the southeast. It remains the tallest neo-classical building in the south.

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Homebuyers spend millions at weekend auction

Submitted by Tiffany Glick, Fox 6 Community Web Producer
Monday, October 25th, 2010, 11:45pm

Birmingham home buyers spent nearly $4 million on foreclosed homes sold at auction this weekend on the first day of an eight-day, eight-city property sale campaign.

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