Posts Tagged ‘revenue-raiser’

Kiplinger Tax Letter May 28, 2010 (The Kiplinger Tax Letter)

Dear Slinet, A SECA tax hike looms for S firm owners:The tax will nail all profits of service firms, starting next year. The revenue raiser, a late addition to a bill that reinstates a set of expired tax breaks, helps offset a portion of the measure's tax relief. Even though lawmakers failed to approve the bill before Memorial Day, the tax increase on S firms will be part of the measure when it finally passes. (Please log in to read further...) Read the rest of this entry »

Kiplinger Tax Letter April 16, 2010 (The Kiplinger Tax Letter)

Dear Subscribers, We're getting queries on the Medicare surtax, the key revenue raiser in the new health reform law, even though the levy doesn't take effect until 2013. Readers want to know exactly how the surtax works and how it will affect their tax planning strategies. (Please Login to read on...) Read the rest of this entry »