"Tax-free" always has a nice ring to it. The higher the income tax rate the nicer the ring. The old top rate, at 35%, was bad enough. The current highest rate — 39.6% — has created a flurry of activity to legally avoid the tax. But wait! There is an additional surtax that can bite you for another 3.8% on passive investment income. And there can be more: your home state may have an income tax. Some states (like Nevada and Florida) have no tax. Other states — New ...

Register For Free or Sign In to Access Entire Article

"Turn investment income into tax-free income" is FREE to access as a registered user on Contractormag.com. Why register for Contractormag.com? It's simple and free, and provides:

  • Access to exclusive articles and news coverage
  • The full version of all monthly digital editions dating back to 2010
  • Allows you to comment on articles and discuss news with Contractor's editors
  • Gain valuable media content and more!

Already registered? here.