High-income taxpayers face a regular income tax rate of 35% or 37%. And they may also have to pay a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there are some ways you may be able to reduce its impact. Affected taxpayers The NIIT applies to you only
net investment income tax Archives - Crawford Ellenbogen
Jul 5, 2023
Reduce the impact of the 3.8% net investment income tax
- By Joan Ellenbogen
- Taxes
- 0 Comments
Read More
Dec 7, 2021
Many factors are involved when choosing a business entity
- By Victor Dozzi
- Business
- 0 Comments
Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you — a C corporation or a pass-through entity such as a sole-proprietorship, partnership, limited liability company (LLC) or S corporation. There are many factors to consider and proposed