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New 1099-MISC Reporting Requirements and Possible Relief

The Small Business Jobs Act of 2010 (aka SBJA) enacted by President Obama in September, 2010 and the 2010 Patient Protection and Affordable Care Act (health care reform aka PPACA) both contain new 1099...

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Now that the election is over… let’s talk about that 3.8% Medicare tax

I hesitate to get political here, so now that the nation has decided how it wants to go for the next two to four years, let’s talk about the Patient Protection and Affordable Care Act, also known as...

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Landlord’s 3.8% medicare tax example

As I mentioned in an earlier post, in 2013, some lucky Landlords will face the new “3.8% tax” on investment income.  This legislation is unlikely to be affected by the “financial cliff” legislation...

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