The Medicare surtax will affect your clients this year and beyond, but there are things that you can do to protect your clients’ interests and mitigate the effects that the surtax has on your clients and their estates.
Tax Planning After the Healthcare Surtax analyzes and explains:
Application of the 3.8% surtax to business entities
Application of the 3.8% to real estate including the self-rental provisions
The difference between real estate professionals and real estate provisions in the trade or business of real estate
The new 3.8% tax on estate and trust income over $12,000 and what to do about it
Gains on funding trusts and estates
Timing of trust and estate distributions
Proper investments to avoid the surtax
Income shifting, installment sales, charitable remainder trusts, charitable lead trusts and more!
In addition to an explanation of the issues, Tax Planning After the Healthcare Surtax provides a variety of tools, including:
Client letters for the following situations
Estates and trusts
Checklists for the following situations
Estate and trust checklist
Individual clients – overview of the surtax including quantitative examples
Estates and trusts – teaching clients about the surtax
Charts and flowcharts
Healthcare chart with examples and summary of the law
Healthcare flowchart to test and planning for the surtax
A downloadable (PDF) book packed with citations, explanations and examples.
PFP and Tax Section Members qualify for an additional 10% discount.
When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout.