There is a new additional Medicare tax in effect for 2013 that may require year-end actions. The new tax, which is part of the Affordable Care Act, imposes an additional 0.9% Medicare (HI) tax on [...]
The Health Care and Education Reconciliation Act of 2010 (Obamacare) contains a provision that will subject certain individuals to a 3.8% “unearned income Medicare contribution” tax beginning in 2013.
