2013 Tax Planning: A Changing Landscape for High-Income Tax Payers

2013 Tax Planning: A Changing Landscape

This video explains how the tax-planning landscape has changed for high-income taxpayers. 

Topics covered include:

• New 39.6% marginal tax rate
• New 20% maximum rate on long-term capital gains and qualifying dividends
• Phaseout of personal exemptions
• Limitation of itemized deductions
• 0.9% additional Medicare payroll tax
• 3.8% Medicare contribution tax on some or all net investment income

Additional Resources:

• IRS Web Site: Tax Tips for 2013