For NIIT purposes, net investment income includes interest, dividends, annuities, rents and royalties, net capital gains, and other investment income, reduced by certain expenses that can be allocated to that […]
Key provisions of the Affordable Care Act (ACA) have changed several times since late last year. Most notable was the delay in the employer mandate until Jan. 1, 2015, giving […]
This year, trusts are subject to the 39.6% ordinary-income rate and the 20% capital gains rate to the extent their taxable income exceeds $12,150. And the 3.8% net investment income […]
As a conscientious investor, you’re probably already keeping an eye on how your investments are performing this year. But you also should take the time to develop a strategy for […]
While tax consequences should never drive investment decisions, it’s critical that they be considered — especially this year: Higher-income taxpayers may face more taxes on their investment income in the […]
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 […]
Figuring your quarterly estimated tax payments is not quite as complicated as winning a jelly-beans-in-a-jar counting contest. Still, new rules, including higher tax rates, limits on itemized deductions, and two […]
Are you ready for the impact of the net investment income tax? This new 3.8% tax will appear for the first time on 2013 federal returns — and you don’t […]
Are mutual funds part of your portfolio? As you review your investments, think about how your funds can affect your federal income taxes. Here are two things to consider: Dividend […]
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 […]