I receive Tax Loop Hole updates from a wide variety of sources. Sometimes they warrant sharing. This message affects high net worth clients who have been investing in Alternative Investments.
You may not be affected by this but it is worthy of reading to see what high net worth people are doing to protect and defer income from taxes.
Tax Loop Hole
http://www.thinkadvisor.com/2015/07/13/irs-treasury-close-alt-investment-tax-loophole
Tax Loop Hole
if you are receiving subsidies from Obama care or Covered California you may have to pay them back. You are required to estimate you income. If your income exceeds certain limits you can lose your subsidies. If you received subsidies when you weren’t eligible you will be taxed to recover these monies.
Please call and inquire how we can assist you.
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