Innovative Strategies For Tax Controversies, Business Structuring And Estate Planning

ordinary income

What will the Fiscal Cliff Do to Income Taxes?

by Ronald J. Cappuccio, J.D., LL.M. (Tax) | Dec 29, 2012 | dividends, fiscal cliff, income taxes, ordinary income

On January 1, 2013 income tax rates are set to dramatically increase. Taxes on wages, investment interest, and other types of ordinary income, the top rates will rise from 35% to 39.6%. In addition, the 3.8% Obamacare Medicare surtax will start January 1, 2013. The...

Lottery Winners Lose!

by Ronald J. Cappuccio, J.D., LL.M. (Tax) | Jan 7, 2008 | capital gain, lottery winnings, lump sum, ordinary income, taxes

Lottery Winners Lose! The 11th U.S. Circuit Court of Appeals in Atlanta ruled Dec. 19 that Bertucci and the others around the country who sold their winnings to investment companies must pay income taxes on the lump sum they received instead of lower capital gains...

RSS Feed

Subscribe To This Blog’s Feed

ordinary income

What will the Fiscal Cliff Do to Income Taxes?

Lottery Winners Lose!

Recent Posts

Archives

Categories

RSS Feed

Contact Me Today.

Office Location

Social Media

Leave A Review

Additional Information