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…