As a NJ CPA firm and and NY CPA firm, we are dedicated with providing you the latest tax tips this season.
Our tax tip for today is:
For taxpayers with income over $400,000 (single) or $450,000 (married), the rate on capital gains and qualifying dividends will go from 15% to 20% for 2013 and later years. For most other taxpayers, the maximum rate will be 15% for capital gains and dividends. The rate will remain at 0% for those in the bottom two tax brackets.
For assistance with this or other tax or accounting matters please contact us at 201-947-8081 or 646-688-2807, or email us at email@example.com.