If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has increased.

This is especially important when it comes to the net investment income tax (NIIT). So what is it, and what considerations should retirees make to minimize its impacts? What is the net investment ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...