IRS Releases Long-Awaited Draft Instructions To Form 8960: Computing New 3.8% Tax On Net Investment Income

With the majority of the U.S. beginning to resemble the planet Hoth from The Empire Strikes Back, I made the wise decision to flee the cold for the tropical savannah of the Bahamas. Tomorrow, I?ll be presenting to a group of tax advisors on the final net investment income tax regulations recently issued under Section 1411, something I?ve done almost half a dozen times since they were published in late November.