The deal basically delays most of the tax hikes and spending cuts that were supposed to officially begin in the 2013 tax year.
"The Mobile Accountant" Roger Elliott says as long as congress keeps delaying the tax hikes, taxpayers aren't going to know which rules to play by when planning their tax strategy for 2013.
He says the uncertainty is making it hard for financial planners to do their job.
The tax deal extends Bush era tax cuts for households earning less than $450 thousand a year.
Taxes for those making above $450 thousand will rise.
The deal doesn’t deal with the debt ceiling, which could lead to another congressional stand-off over taxes in coming months.