You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Eye on ’13 tax bite, high earners seek to move up pay dates

As he mulled a $39 million contract ­offer from the Red Sox in recent days, Mike Napoli took a hard look at the team’s clubhouse, where dysfunction reigned last season. The first baseman also kept an eye on the White House, where President Obama is advocating higher tax rates next year for big earners.

For people in Napoli’s tax bracket, the federal income tax rate is scheduled to rise from 35 percent to 39.6 percent on Jan. 1. The rate increase is not certain to occur — Republicans and Democrats are still wrangling over how to reduce the federal deficit — but the prospect of higher taxes is driving people due hefty payouts next year, from athletes to investors, to try to collect some of that money this year.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week