If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although many investors are not likely to get hit with this bill, it’s important to ...
As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program. Among these new taxes is the Net Investment Income Tax that became effective on ...
When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment income tax (NIIT) has been around for more than a decade, but it’s not as ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The Texas Stock Exchange (TXSE) logo seen displayed on a ...
Judson Gee’s Guide to Tax Mitigation Strategies for High-Income Earners, Investors & Business Owners
For high-income earners and business owners, taxes often represent their largest recurring expense. While many financial advisors focus on basic tax strategies, such as tax-loss harvesting, more ...
If you’re a high-income earner or someone with a diverse investment portfolio, there’s a little-known tax that can have a significant impact on your taxes that is often overlooked – the Net Investment ...
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