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Archive for the Taxes Category

A New Tax on Investment Income?

Tax Featured | Layman & Nichols Law

By Dean ‘Mac’ Nichols, Attorney A New Tax on Investment Income: One of the many changes enacted under the Health Care and Education Reconciliation Act of 2010 is the addition of a new tax on net investment income which is effective for tax year 2013.  Are you affected? The new tax of 3.8% (the “Net Investment Income Tax-NIIT”) will be levied […]

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