Learn about the new home office safe harbor and a higher per-mileage deduction that can help them lower their 2013 tax bill in two videos released this week. Also, learn about changes that impact higher-income households, including the new 39.6 percent tax bracket, higher long-term capital gains and dividend taxes, and the 3.8 percent net investment income tax that goes into effect. The videos feature NAR’s tax analyst Evan Liddiard, who sits down with tax advisor Peter Baker to talk about these and other tax changes important to real estate practitioners.
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