Even though the Supreme Court’s decision was a few months ago at this point, health care reform is still getting a lot of coverage in the media. Individuals and business owners are still trying to get their hands around what it will mean for them and what they’ll have to do to comply with the new law.
Most discussions about how health care reform will impact taxes have centered on the so called “Individual Mandate.” But, health care reform will lead to other tax changes, too. One such tax chance is the addition of a 0.9% Medicare tax surcharge. (more…)