Ms. Hunter, who has 45 employees, is determined not to cross that threshold. Paying for health insurance would wipe out her company’s profit and the five-figure salary she pays herself from it, she said. And Ms. Hunter is just the tip of the iceberg. For some business owners on the...
There is a flat surtax of 3.8% on net investment income for married couples who earn more than $250,000 of adjusted gross income (AGI). For single filers, the threshold is just $200,000. Another example of the marriage penalty at work in our tax code. The levy is only for investment...
For years 2019 through 2024, eligible professionals with a composite performance score at or above the additional performance threshold could receive an additional positive MIPS adjustment factor that will vary with the amount by which the score exceeds the threshold, to be specified by the Secretary....