The 3.8% Surtax and the Impact on Estates and Trusts
Originally aired on August 15, 2012
Seminar recording |
Presentation materials
The Supreme Court upheld the proposed tax increases that were part of the Patient Protection and Affordable Care Act (as amended by the Health Care and Education Reconciliation Act of 2010). While certain elements of the legislation have already begun to take effect, some won’t begin until January 1, 2013. Now is the time for CPA financial planners to assist their clients in planning for the 3.8% Medicare surtax and its impact on trusts and estates. In this web seminar, Bob Keebler will lead practitioners through a discussion on:
- New tax on estate and trust income over $12,000
- Avoiding gains on funding
- Timing of distributions
- Proper investments to avoid the surtax
- Increased need for standalone trusts for non-surtax property.
- Selection of proper year ends to defer the surtax to November 2013
- When to realize gains and losses