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As a result of the recent Supreme Court ruling to uphold the constitutionality of the Patient Protection and Affordable Care Act (PPACA), there will be some tax effects for workers and recipients of investment income. Beginning in 2013, an additional 0.9% in Medicare taxes are assessed on wages in excess of $200,000 for single filers, and $250,000 for married, filing jointly, or $125,000 each when married and filing separately. Further, […]
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