Update by Kevin Hines , CPA, MST, CVA, CSEP
In a historic decision, the Supreme Court recently upheld a critical piece of the Affordable Care Act, the individual mandate to acquire health insurance after 2013. The ruling went on to say that the federal government does have the power to require all Americans to acquire insurance if the “fine” imposed on anyone not having insurance is not considered a tax.
Some of the anticipated changes to individual taxes are:
These are some of the expected changes, in addition to the rollback of capital gains and dividend tax rates to Pre-Bush tax cuts rates that are expected for the 2013 calendar year. Please stay connected to our website for future updates.
This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.
Receive a digest of articles published by our thought leaders in your inbox.
Thanks for subscribing. You'll be the first to hear about new items and special offers.
Meyers Brothers Kalicka, P.C. | Privacy Policy