Does the new Medicare Tax of .09% apply to you?
Individual filers making $200,000 or married filers earning $250,000 are subject to a new Medicare tax of .09% on earnings above these amounts and in many cases this is not being withheld by the employer! If this applies to you please call our office to determine if you need to make an estimated tax payment to cover this additional tax.
Categories
Calculators Events Featured Julie's Blog Tax Blog Tax Tips Testimonial UncategorizedRecent Posts
Understanding Tax Planning and Its Importance for Individuals Reducing Your Taxable Income with Effective Tax Planning How Do I Track the Status of My Tax Refund? What Happens if I Need to Amend My Tax Return? Who Can Help if the IRS Audits Me?