In anticipation of 2013 tax increases, Special dividends being issued by companies in 2012.
2013 Tax Increases: In addition to their regular quarterly dividend payments, many large corporations are also issuing special dividends this year. During the past several months, the number of companies issuing special dividends has increased 400 percent. Small investors are largely welcoming these special dividends because issuing them in 2012 means that they can avoid paying higher income taxes that would be due if the dividends were paid in 2013. Starting in 2013, income taxes on dividend income could go as high as 39.6 percent, more than double the current top rate of 15 percent.
Who is Mike Periu?
Mike is a seasoned executive with experience in small business finance and management. He is the founder of Proximo, LLC a leading provider of corporate, consumer and small business education and training services with an emphasis on finance and technology.
Mike Periu is also a leading national voice for individual empowerment through financial education and entrepreneurship. He has been interviewed over 500 times in national and international media, including NBC, Univision, CNN en español, Telemundo, HITN, TVE, RTE, SBS, MegaTV and others.
Mike writes regularly for American Express OpenForum, Yahoo! Finanzas and is a Huffington Post contributor.
Mike has degrees in Finance and International Business from Georgetown University. He is on the Board of Directors of the Council for Economic Education and was a Fellow at the Kauffman Foundation’s Labs for Enterprise Creation.
Learn more about Mike Periu
Mike works with small businesses to teach them about finance and management. He started Proximo, LLC, a company that offers small business education and training services focused on finance and technology.
Periu also writes for OpenForum, Yahoo! Finanzas the Huffington Post contributor.
Mike went to Georgetown University where he studied Finance and International Business. He also serves on the Board of the Council for Economic Education and was a Fellow at the Kauffman Foundation.
