This past May 4th was my fifth consecutive year joining with my industry association, the Independent Insurance Agents and Brokers of America, to share anecdotal stories about how legislation affects our clients. This was a somewhat memorable experience:it isn’t every day that you meet with […]
tax
Medicare Tax: Its Effect on Investment Income
The scope of the Patient Protection and Affordable Care Act (PPACA) has implications beyond individual health care and insurance. To increase Medicare funding, high net worth individuals will see an increase in taxes on net investment income. The tax will take effect on non-business income […]