Posts made in August, 2012

New tax on unearned income starts in 2013

By on Aug 21, 2012 in Uncategorized | 0 comments

NEW TAX ON UNEARNED INCOME STARTS IN 2013 As part of the Patient Protection and Affordable Care Act (popularly known as the “health care reform law”), an additional 3.8% tax on unearned income will apply to certain individuals. Who’s Impacted by the 3.8% Unearned Income Tax? Starting in 2013, the new tax, technically known as the “unearned income Medicare...

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