Medicare Surtax Kicking In at $200k+ It’s October and for many urgent care docs who are getting a W2 income (are employees and not independent contractors or self-employed) they are likely breaking the $200k gross income mark. If that’s the case, then you may have noticed a smaller paycheck compared to what you normally net. […]
Tag: medicare taxes
Thorough Overview of US Taxes When you ask people what their biggest expense is they often will reply with ‘mortgage’ or ‘tuition’ or ‘child expenses’. However, stats show that Americans spend the majority of their income on taxes. Our tax system and tax laws are absurdly complicated so here I offer a simple overview […]