Effective January 1, 2013, your taxes are probably increasing

August 30th, 2012|by Michael Ashley Schulman, Perspectives, The Big Picture|

Effective January 1, 2013, – unless Congress changes what is already on the books – your taxes are probably increasing. We shall see what happens with the November elections. As things stand now, there is:

  • An additional 0.9% tax on earned wages in excess of $200K for an individual and $250K for a married couple filing […]