How Does the Medicare Surcharge Affect Self-Employed Individuals?

Ferrone & Associates CPAsBlog

In his latest column on Medicare surtaxes, financial guru Julian Block addresses what your self-employed clients need to know about this complex area of tax law. Julian Block has devoted several previous columns to the Medicare surtax of 0.9 percent on earned income. It applies to high-income individuals when their salaries, other kinds of employee compensation, such as severance arrangements … Read More