Project Description

Year-end tax planning for 2013 includes a new and unwelcome complication: the 3.8% surtax on unearned income. This two-part Practice Alert takes a look at year-end moves that can be used to reduce or eliminate the impact of this surtax. Part II, in this article, includes specific strategies for taxpayers to consider, including the use of installment sales, like-kind exchanges, intensified use of Roth IRAs, and careful timing of required minimum distributions and home sales. Link to the CheckPoint article.