Exec Compensation & Medicare Tax
Will your exec comp be subject to expanded Medicare taxes? Maybe. The following types of executive compensation could be subject to the health care act’s 0.9% additional Medicare tax: Fair […]
Investment Income Subject to New 3.8% Tax?
Under the health care act, starting in 2013, taxpayers with modified adjusted gross income (MAGI) over $200,000 per year ($250,000 for joint filers and $125,000 for married filing separately) may […]
The New 0.9% Medicare Tax: Watch Out for Withholding Issues
Under the health care act, starting in 2013, taxpayers with earned income over $200,000 per year ($250,000 for joint filers and $125,000 for married filing separately) must pay an additional […]
Tax Consequences to Consider Before Putting Your Home on the Market
When you sell your principal residence, you can exclude up to $250,000 ($500,000 for joint filers) of gain if you meet certain tests. Gain that qualifies for exclusion also is […]
The Health Care Laws Will Affect 2013 Taxes
As you wrap up your 2012 federal tax return and begin to assess 2013 in light of new rules, it’s time to remember some older ones: the health care laws […]