As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program. Among these new taxes is the Net Investment Income Tax that became effective on ...
The investment income tax is a surtax of 3.8 percent in addition to the regular income tax that certain high-income taxpayers would otherwise owe on the income in question. The tax is imposed on the ...
Net investment gains, net of taxes, contributed $78 million to net income, compared to net investment losses of $22 million ...
Thanks to the 44th president, we have been stuck with a most unwieldy and poorly written tax called net investment income tax or NIIT for short. Basically, it attempts to create a way to have the ...
SYDNEY, AUSTRALIA - JULY 01: (Photo Illustration by John Pryke/Getty Images) Scrambling for a politically acceptable way to raise revenue to pay for a scaled-down social spending and climate bill, ...
Earlier in the year, AIG reported a $1.1 billion net profit for the second quarter of 2025, marking a significant turnaround ...
The bill would more than double the 0% tax bracket for long-term capital gains and dividends, but its political prospects in the Democratic-controlled Congress are cloudy. By Mark Schoeff Jr. A Senate ...
WASHINGTON, DC - APRIL 05: Former President Barack Obama (L) and President Joe Biden shake hands during an event to mark the 2010 passage of the Affordable Care Act. (Photo by Chip Somodevilla/Getty ...
The net investment income tax may be expanding. This rule change could have an impact on real estate professionals. The instructions for how to comply may require help from a tax advisor. The Biden ...