Tax Relief Act 2012

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

The New Medicare Taxes

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.