TAX PLANNING

With 13 tax increases that started January 1, 2013 which include: • 3.8% surtax on investment income • 0.9% Medicare surtax on earned income for higher-incomers • Top marginal tax rate increase from 35% to 39.6% • Taxes on business investments • Phase down of itemized deductions • Estate and gift tax exemption for 2013 […]