(855) Marcum1 | FOLLOW US           
Marcum LLP
  • EVENTS
  • OFFICES
  • CAREERS
  • SUBSCRIBE  
  • 中文
Marcum LLP
News

As Seen In

 

In This Edition

AllAboutAlpha.com

Article by Maury Cartine, Partner-in-Charge of Marcum's National Alternative Investment Industry Group Tax Department, "Increased Tax Rates and the Net Investment Income Tax – A Galactic Collision of Forces," Featured on AllAboutAlpha.com

Featured: Maury Cartine, Partner, Alternative Investments

Share:

Article by Maury Cartine, Partner-in-Charge of Marcum’s National Alternative Investment Industry Group Tax Department, Increased Tax Rates and the Net Investment Income Tax – A Galactic Collision of Forces, Featured on AllAboutAlpha.com Excerpt:

Researchers predict that the Andromeda Galaxy will collide with our very own Milky Way Galaxy in approximately four Billion years. When that happens, life on Earth will be eliminated for certain. “So what”, you say with a smile. Well, time sneaks up on all of us and as 2013 becomes only a memory, investment managers and investors will face a tax collision of galactic proportions on their 2013 income tax returns.

Last year at this time we were all warned that we would begin to feel the full weight of Obamacare and a budget that is simply out of control. Now as investment managers and investors face the prospect of paying income tax balances due for 2013 and estimated tax payments for 2014, the increased tax burdens will become a reality. A simple analysis of what has happened to upper middle income taxpayers should bring that reality into focus. The analysis illustrates the effects of the 2013 increase in federal income and employment taxes on married taxpayers filing joint returns with the same income and itemized deductions for 2012 and 2013.

In the first illustration, the married taxpayers are assumed to have $600,000 of income comprised of wages in the amount of $200,000, qualified dividends in the amount of $100,000 and long-term capital gains in the amount of $300,000.

Click here to read full interview on www.allaboutalpha.com >>

 
Featured
Maury Cartine

Partner
Alternative Investments
Tax & Business
New York, NY
 
 
HAVE A QUESTION? ASK MARCUM
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
               
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

DOWNLOAD THE MARCUM ON THE GO APP

© 2016 Marcum LLP. All Rights Reserved.
Privacy | Legal | Sitemap