According to the Tax Foundation, Tax Freedom Day this year is April 12, 2011.  This is the day you stop working for the government and start working for yourself. This includes federal, state and local taxes. Unfortunately this is three days more than it was last year.

According to the Tax Foundation, "Americans will pay more in taxes in 2011 than they will spend on groceries, clothing and shelter." That's amazing.   more…

In December, 2010 President Obama signed into law the tax bill which extends many of the Bush-Era federal income tax cuts and the Pension Protection Act of 2006. This law has extended the provision that allows some people to make qualified charitable distributions from their IRAs. more…

Employers need to get three tax documents from new employees before they start work. more…

Tom Scanlon, CPA, CFP® was recently a guest speaker
at Manchester High School.  Tom's presentation with the
students provided an overview of savings, loans, credit
cards and income taxes.

Warren Zevon wasn't thinking about health care when he wrote his classic 1970's hit, "Lawyers, Guns and Money".  However, if he were around today, he might very well have had health care in mind.  The votes have been cast and now we have health care reform.  This has, or will, affect many Americans.  What are some of the key points in this legislation?

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