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News Story
Updated: 12/16/2012 07:59:51AM

Accountant tells what
‘fiscal cliff’ falling may mean to individuals

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PHOTO BY JEFF ROSLOW

Tom Jennings, an accountant in Winter Haven, told the Rotary Club what danger awaits them if the United States goes over the fiscal cliff.

PHOTO BY JEFF ROSLOW

Hazel Sellers talks to Bill Stuart at Wednesday's Rotary Club meeting next to the boxes of toys for hte Toys for Tots program. Sellers helps the program through the Rotary Club and plans to deliver the toys that will be distributed to children in need for the holidays.

By JEFF ROSLOW

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In about 17 days, if elected officials in Washington don’t act, we’ve learned that we will go over a fiscal cliff and Wednesday Rotary members learned from a certified public accountant what that will mean for them individually.

Tom Jennings, a Bartow Rotary member since 1972, who owns an accounting firm in Winter Haven, told people the term fiscal cliff would be more accurate if it was called a physical hill or slope and while on Jan. 1 we may still not know what will happen, there are “still some real consequences we will see from it.”

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