House and Senate proposals include tax cuts in ACA repeal
Tax relief and the elimination of health insurance mandates could be realized if proposals to repeal the Affordable Care Act (ACA) advance on Capitol Hill.
Tag: medicare investment surtax
Health-care law prescribes new taxes, limits
Investors have many questions about health-care reform and taxes top the list. Chris Hennessey explains the new taxes and fees created by the Affordable Care Act (ACA) that will generate more revenue for the federal government. Here are some highlights. 1. Medicare surtax on investment income. A 3.8% surtax on investment income became effective this
View from the field: Top 3 client concerns
From a series of meetings and presentations with investors and advisors around the country in the first three months of this year, tax uncertainty has emerged as the leading financial planning concern. While the passage of federal tax legislation in January brought some clarity, many clients still find aspects of the current law confusing and