Most taxpayers don’t need to worry about the new additional 3.8% tax on net investment income, or the additional 0.9% Medicare tax. These taxes only apply to individuals (and estates and trusts) that have income over certain levels. You generally won’t pay either of these taxes unless you make over $200,000 in one year. If […]
Did you move because of a change in work location last year? If so, you can offset some of the expenses related to your relocation by taking a tax deduction for the costs that meet certain qualifications.