The Net Investment Income Tax (NIIT) is a new (effective as of 2013) 3.8% surtax on certain investment income. The NIIT is in addition to standard income tax.
The number of gun permits issued in Tennessee increased almost two-fold from 2012 to 2013. Over 78,000 more residents requested permits as compared to the year prior.
More individuals are making investments in luxury homes. Here are a few ways to protect real estate investments and save taxes.