Shannon McNulty, J.D., LL.M.
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  • Clarks Summit, PA
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Introduce Yourself
I'm a tax lawyer who provides tax and estate planning advice to mineral rights owners in the Marcellus Shale region.
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Shannon McNulty, J.D., LL.M.'s Blog

Summary of January 2013 Tax Changes Affecting Natural Gas Landowners

Posted on March 13, 2013 at 6:10pm 0 Comments

In the wake of the “Fiscal Cliff” deal in early January, I’ve received numerous calls from owners of mineral rights asking how the new law will affect them.  I’ve put together the following summary to help mineral rights owners understand the recent legislation, known as the “American Taxpayer Relief Act of 2012.”


3.8% Medicare Surtax for Taxpayers with Income over $200,000 or $250,000.  The new 3.8% surtax will affect single taxpayers with income over $200,000 and…


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