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Peter Shannon & Co. logo
Peter Shannon & Co. logo
  • About Us
      • Our History
      • Professional Organizations & Peer Review
      • Community Involvement
  • Our Team
      • Tara Skole
      • John Dyer
      • Timothy Komenda
      • Elaine McDermott
      • Jacqueline Freeman
  • Our Services
      • Financial Statements
      • Business Tax Returns and Consulting
      • Individual Tax Returns and Consulting
      • Trust Returns and Estate Planning
  • Industries Served
      • Construction
      • Medical & Dental Practices
      • Professional Services
      • Manufacturing
      • Real Estate
      • Restaurants & Country Clubs
      • Retail
      • Not-for-Profit
      • Employee Benefit Plans
      • Transportation
      • Individuals
  • Top of the News
  • Contact Us

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Tax Relief Act 2012

Byteam 2013-01-192024-11-19

The followings are articles regarding tax law changes due to the Tax Relief Act 2012 and are categorized in: Individual Income Tax Provisions Education Trust, Estate and Decedent Income Tax Estate, Gift, and Generation-Skipping Transfer Taxes Business Provisions

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The New Medicare Taxes

Byteam 2012-05-172024-11-19

The Health Care Reform Legislation enacted in 2010 significantly broadens the Medicare tax base for higher-income taxpayers by enacting two new taxes.  Beginning in 2013, higher-income taxpayers will be subject to an additional 0.9% tax on earned income and a new 3.8% tax on investment income.

Read More The New Medicare TaxesContinue

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