October 8, 2024

Hello Richard,


Now that we are in the fourth quarter of the year it is more important than ever to engage in year-end tax planning to identify all of the possible ways to reduce the amount you pay in taxes.

 

Contact us or call 203.933.1679 to arrange a meeting or a Zoom when we can discuss year-end tax planning considerations, including retirement savings, charitable contributions, capital gains and losses, required minimum distributions, gift tax exemptions, and other areas of concern and importance to you. 


Thank you.

 

Rich Pavano, CPA

Extra Taxes for High Income Earners

There are two extra taxes for high income earners: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment income. Let’s take a look at these taxes and what they could mean for you.


Read our blog post to learn more.

Learn More
Stay Current with the SKP Blog

Here are the most recent posts:


How Real Estate Gains are Taxed


Tax-Free Income Opportunities


Save Taxes with Qualified Charitable Distributions


IRS Lowers Audit Target


How Social Security Tax is Calculated


Hobby Income or Business Income



Take Me to the Blog
Twitter  Linkedin