Level the Playing Field


“Some hedge fund managers and private equity managers are taking home more than $100 million a year in what is called ‘carried interest’ income…being taxed at the long-term capital gains rate of 15%. They are not paying the higher rate for ordinary income. Now, professional athletes, Silicon Valley executives and lawyers on contingency fees will also often take home a great deal of income. God bless them!…They tend to pay taxes at the ordinary income rate.”

Senate Finance Committee Chairman Max Baucus,
D-Mont., during the committee’s hearing
on carried interest, July 11
.

Source: www.senate.gov/~finance .

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The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

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