Press Room: Article

May 20, 2010

2009 Tax Law in Review

We have long had death and taxes as the two standards of inevitability. But there are those who believe that death is the preferable of the two. “At least,” as one man said, “there’s one advantage about death; it doesn’t get worse every time Congress meets.”

The past 12 months of legislation have significantly affected the tax landscape for WTAS’ clientele. The most significant impact will likely be felt in the new Medicare Contribution Tax on “investment income” imposed by the newly enacted Patient Protection and Affordable Care Act.

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