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Posts Tagged ‘Tax Planning’

The 2013 Year End is Fast Approaching!

Thursday, November 14th, 2013

This is a friendly reminder that the end of 2013 is fast approaching. Now is the time to properly plan for the year end before it is to late. Please contact us if you need any help with 2013 year end tax planning.

Is it Time to Start Planning for Your 2013 Tax Return?

Wednesday, April 24th, 2013

It is never too early to start getting ready for the current tax year, even though your returns may not be due for another eleven months. Early and proper tax planning can help reduce the risk of owing money on your upcoming tax returns and also help reduce the risk of getting any penalties because you owe with your returns.

Now may be the time to adjust the withholding on your wages. If you owed money with your 2012 tax returns getting more tax withheld from your paychecks may help reduce the risk of owing when you file your 2013 tax returns. Claiming zero on your Form W-4 will withhold the most amount of tax from your paychecks. Another great planning tool is to frequently visit to stay up to date on any new tax law changes. Following these easy tips may lead to a happier tax season!

Please consult your tax advisor on all of the above information and “Like” us on Facebook for your chance to win gift certificates to great local restaurants,

2012 Year End Tax Planning is a Must!

Monday, December 17th, 2012

With the end of 2012 fast approaching us it is more important than even to do year-end tax planning. Unless any tax laws change before the end of 2012, as of January 1st, 2013, the long term capital gains tax rate is set to go from 15% up to 20%. There may also be an increase on the tax rate of qualified dividends, which may go from 15% to 39.6%. This one potential change alone may have major tax implications on your personal situation. It may work in your favor to make changes to your portfolio before January 1st, 2013 to take advantage of the lower rates.

Please contact our office if you would like to make a tax planning appointment before the end of the year. As always, consult your personal tax advisor on all of the above information.