*URGENT* – Action needed today!
In our ongoing efforts to assist our clients, we would like to share a recent opportunity that has come to light that will most likely benefit you. However, this is a time sensitive matter, and will need to be completed TODAY.
In the link below you will find a letter regarding 2016 tax returns. Last week the US Supreme Court agreed to hear California v. Texas, which addressed the constitutionality of the Patient Protection and Affordable Care Act (ACA) of 2010, a/k/a Obamacare. While unlikely, if the Court holds that all, or a portion, of the ACA in in fact unconstitutional, taxpayers may be entitled to refunds for taxes imposed under the ACA. Specifically, the extra .9% Medicare tax paid on W-2 income over $200,000 and the 3.8% net investment tax that was due on portfolio income such as interest, dividends and capital gains on adjusted gross incomes exceeding $250,000. In order to be considered for this, the attached letter must be signed, dated and postmarked TODAY. Please see the image below for the corresponding address outlining where to mail your letter.
We understand that this is last minute, but unfortunately it was out of our hands – this was just released within the past couple days. Minimal information is required (name, social, address and signatures), and if you would like to be considered, we ask that you complete and mail with a postmark of today’s date. If you have any questions or concerns, please feel free to contact us – we will try to help the best we can.