Here is some important information regarding the net investment income tax (NIIT), which may be relevant to your financial situation. NIIT Overview The NIIT is a 3.8 percent tax that could apply if your modified adjusted gross income (MAGI) exceeds $200,000 (single...
Happy New Year! With the new year here, that also means tax season is here. Let's make sure all your paperwork is in on time to beat the “rush” that comes when the deadlines approach. Here's a run-down of all the deadlines you need to be aware of. All of...