Wishing everyone a very Happy Thanksgiving!
Let your voice be heard!!
Beware of Expiring Tax Breaks Even though the tax extenders have been known since the end of last year, and there is general bipartisan agreement that they need to be… read more →
The Additional Medicare Tax increases the employee share of the Medicare tax by an additional 0.9% of covered wages in excess of certain threshold amounts. The tax also increases Medicare… read more →
Net Investment Income (NII) Tax Since 2013, taxpayers with qualifying income are liable for the 3.8% net investment income (NII) tax. The threshold amounts for the NII tax are: –… read more →
Year-end 2014 presents unique challenges. At the same time, traditional year-end planning techniques nevertheless remain important both to maximize benefits in connection with what’s new and to do so within… read more →
As a result of the mid-term elections, several tax issues are likely to take center stage as areas of bipartisan compromise between the Obama administration and lawmakers. President Obama cited… read more →