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This page contains a single entry by Associate Editor published on January 11, 2013 10:30 AM.

Swiss Bank Pleads Guilty to Tax Evasion, Closes its Doors was the previous entry in this blog.

Foreign Account Reporting Using Form 8938- Has the Service Created Compliance Traps? is the next entry in this blog.

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The Truth Behind The New Income Threshold

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While the higher income threshold appears to be a result of bipartisanship, not everyone is convinced. Some believe that the recent revival of many tax code provisions, including PEP and Pease, limit deductions and exemptions afforded to the wealthy and will have harsh repercussions for the upper-middle class. In essence, rendering the higher threshold illusory.

Posted by Jillian Snell, Associate Editor, Wealth Strategies Journal

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