Tax and Business Planning - August 2012

more+
less-

In This Issue:

- Investment Income Surtax ...2

- Trusts and Estates ...3

- Increased Threshold for Deducting Medical Expenses ...3

- Planning Opportunities ... 4

Excerpt from Headline Article: Tax Increases Coming On Heels of Supreme Court

Decision Upholding Health Reform Law:

The highly anticipated Supreme Court decision of National Federation of Independent Business v. Sebelius, Sup. Ct. Dkt. No. 11-393 (U.S. 6/28/12) upheld the constitutionality of the Patient Protection and Affordable Care Act (Health Care Act) requirement to maintain minimum healthcare coverage. The Supreme Court held that the “individual mandate” provisions of the Health Care Act are within Congress’s power to tax under Article 1 of the Constitution. Although the individual mandate requiring those without insurance to obtain it or pay a tax begins in 2014, many provisions of the Health Care Act have already been implemented and there are some important tax provisions that come into effect beginning January 1, 2013....

Please see full Newsletter below for further information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Polsinelli | Attorney Advertising

Written by:

more+
less-

Polsinelli on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×