Tax Tips from Stu Steinberg – CPA, National Speaker & Financial Advisor
“Celebrating 25 Years in the Business”
Schedule B is really one of the easiest forms of the whole bunch. It includes interest and dividends earned on investments, i.e. unearned income. Be sure to understand the difference between ordinary dividends and qualified dividends as the tax rate on the particular investment can be affected. New for 2013 returns: This unearned income will also face an additional 3.8% tax if you are married and make more than $250,000 or you are single and make more than $200,000. This is due to the Affordable Care Act.
About Stu: With more than 25 years of experience as a credentialed tax professional, Stu Steinberg brings a broad depth of knowledge to his work. Stu founded Erock Tax to help provide tax strategies to individuals, families and small businesses. He uses his CPA expertise to help each client navigate their long-term debt and mortgage, gaining them the best deals and rates possible. Stu is passionate about empowering his clients through education about their tax health. He is highly energetic and brings a sense of optimism, creative problem-solving and a deep level of commitment to every Erock client.