Tag: tax strategy

Year End Income Tax Strategy for 2015

Year End Income Tax Strategy for 2015

| November 24, 2015

Make These Moves by Year-End to Lessen Your Tax Burden By Craig Smalley Each year in December, Congress meets and decides whether to extend certain tax provisions, but only for one year. They make the changes retroactive, and they expire at the end of the year that they are made. This process can make tax […]

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Outwitting The NIIT: 12 Ways To Avoid The New Net Investment Income Tax

Outwitting The NIIT: 12 Ways To Avoid The New Net Investment Income Tax

| June 26, 2014

For some high-income taxpayers writing a check to Uncle Sam was particularly painful this past tax season, and not for the most obvious reason–the 2013 increase in the top income tax rates. Instead these folks were bitten by the new Net Investment Income Tax (NIIT), a maddeningly complicated extra 3.8% levy on certain investment income. […]

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