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Additional Medicare Tax and New Tax on Net Investment Income Start in January 2013: Year-End Tax Planning by Employers
Polsinelli Shughart PC
Dec. 20, 2012 "Before December 31, employees and employers should consider tax strategies for reducing the effect of the new Medicare taxes including: [1] Accelerating income to 2012 that would otherwise be subject to the new tax rate in later years [2] Redirecting income to the few types of income exempt from either of the new taxes [3] Deferring for as long as possible income receivable after 2013 and not exempt from the new taxes." MORE >> |
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