5 Rate Changes for Physicians After Bush Tax Cuts Expire

The Bush Tax Cuts have benefited physician practices for the past decade, but now with President Barack Obama's re-election they will likely expire at the end of the year, according to a report in Physician Practice.

For physicians who are married and high income earners with investment assets, the expiration means:

•    28 percent rate will rise to 31 percent
•    33 percent rate will rise to 36 percent
•    35 percent rate will rise to 39.5 percent
•    Long term capital gains tax rate will be 20 percent
•    Tax rate on all dividend incomes will be at the filer's marginal tax rate

More Articles on Physicians:

42 Statistics on Independent Physicians From 2000 to 2013

Becoming an Agent of Change: 4 Steps From Dr. Todd Albert

Pennsylvania Orthopaedic Society Names Dr. Michael Gratch President



© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

New from Becker's ASC Review

Healthcare in War Zones: 10 Things to Know

Read Now