Linda Ihns's Blog

Almost immediately following passage of the Health Care and Education Reconciliation Act (“Obamacare”) of 2010 and Patient Protection and Affordable Care Act in 2010, a series of emails began circulating around the Internet, most with a kernel of t

REALTORS® are not CPAs or professionals who are necessarily proficient in tax law, so with the new year upon us and as you begin to consider your 2013 tax obligations, HAR recommends that you consult your own tax advisor about your particular circumstances. That being said, here are the general details of the legislation that will potentially impact some home sellers. The Acts impose a 3.8 percent investment tax on unearned income above certain levels to help fund Medicare. Prior to the U.S