Planning for the New 3.8% Medicare Tax on Unearned Income
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By Tammy Clarke, CPA President Obamaâs Patient Protection and Affordable Care Act proposes a new and unprecedented Medicare tax that will directly affect many physicians. The tax, which goes into effect on January 1, 2013, is made up of two parts: an additional .9% surtax on earned income in excess of $250,000 for married couples