The CPA Desk

A Thought Leader Production by PKFTexas

Tag Archives: NIIT

Two ACA Taxes Which May Apply to Your Executive Compensation

If you’re an executive or another key employee, you might be rewarded for your contributions to your company’s success with compensation such as restricted stock, stock options or nonqualified deferred compensation (NQDC). Tax planning for these forms of “exec comp,” however, is generally more complicated than for salaries, bonuses and traditional employee benefits. And planning… Continue Reading

Reduce Taxes On Your Investments With These Year-End Strategies

While tax consequences should never drive investment decisions, it’s critical that they be considered — especially by higher-income taxpayers, who may be facing the 39.6% short-term capital gains rate, the 20% long-term capital gains rate and the 3.8% net investment income tax (NIIT). Holding on to an investment until you’ve owned it more than one… Continue Reading

Your Exec Comp Could Be Subject To The 0.9% Additional Medicare Tax or The 3.8% NIIT

The additional Medicare tax and net investment income tax (NIIT) apply when certain income exceeds the applicable threshold: $250,000 for married filing jointly, $125,000 for married filing separately, and $200,000 for other taxpayers. The following types of executive compensation could be subject to the 0.9% additional Medicare tax if your earned income exceeds the applicable… Continue Reading