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IMPORTANT CHANGES TO 3.8% NET INVESTMENT INCOME TAX

Cost Free
Presentation Length 1.5 hours

Recorded DateMarch 3, 2014
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

Navigating the new 3.8% Medicare Tax on Net Investment Income can be tricky enough. Now with the new IRS regulations released at the end of 2013, the game is changed! This course taught by National Tax Planning expert Dominique Molina, will arm you with planning ideas you can use immediately to reduce the impact of this tax increase. Ever wonder how to reduce the net investment income subject to the NIIT from sale of S corps or partnerships? Learn all this as well as many relevant case studies on passive investments, real estate, asset sales, and even self rentals!

Learning Objectives

  • Identify income subject to the 3.8% Medicare tax under the new regulations.

  • Learn the specific rules for asset sales

  • Understand which income is subject to the NIIT when a pass-through entity is sold

  • Learn strategies to reduce impact of 3.8% Medicare tax

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Dominique Molina is the co-founder and President of the American Institute of Certified Tax Coaches. As the driving force and visionary behind the San Diego-based company, Ms. Molina set out to change the way tax professionals approach tax planning. In 2009, Ms. Molina began to create an elite network of tax professionals including CPAs, EAs, attorneys and financial service providers who are trained to help their clients proactively plan and implement tax strategies that can rescue thousands of dollars in wasted tax. Ms. Molina has successfully licensed tax professionals as Certified Tax Coaches across the country, creating a national network of highly qualified professionals who provide proactive service for their clients. This premier group of professionals features less than 400 specialists in 48 states who have achieved this very specialized designation. Ms. Molina frequently appears as a tax expert and TV guest in regional television markets, including San Diego, Los Angeles, New Orleans, and Honolulu. Her excellent media credentials, professionalism, and outgoing personality allow her to provide expert advice on tax issues. Ms. Molina is also a published author of three best-selling books on taxation. Specialties: Tax planning, Education, Helping tax business owners get paid for their expertise, Tax business marketing, Helps tax business owners gain freedom by getting paid what they’re worth, systematizing their businesses and giving their teams an Extreme Staff Makeover

About Our Sponsor

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FreshBooks is a simple-to-use, cloud-based accounting solution designed exclusively for small business owners—the kind of owners who are passionate about what they do and may not fully understand a balance sheet (or even know what one is), and shouldn’t be ashamed of that. Since launching in May 2004 from CEO and Co-Founder, Mike’s parents’ basement, FreshBooks has helped more than 5 million people send and receive, print and pay invoices. Only QuickBooks has more online paying customers in America than FreshBooks, making FreshBooks the #1 cloud accounting solution designed exclusively for small business owners.