Posts Tagged ‘tax planning’


Tom’s Interview on the Stan Simpson Show at Fox 61 News

stan n tom

 

Hello everyone,

 

Please click on the link below to see Tom’s interview on Fox61 regarding Mid-Year Tax Planning on the Stan Simpson Show.

 

http://foxct.com/2013/07/13/stan-simpson-mid-year-tax-planning/

 

Hope you are enjoying your summer!

Regards,

Lauren


Happy Tax Freedom Day 2013 to Connecticut Taxpayers

 

Tax Freedom Day for the country was on April 18, 2013. This is the day when, on average, taxpayers have paid all of their taxes for the year and now begin to keep what they earn.  Tax Freedom Day in 2013 was 5 days later than last year. This is partially due to the American Taxpayer Relief Act passed in late December 2012.

Tax Freedom Day

The Tax Foundation calculates Tax Freedom Day. The … Continue reading »


4 Easy Ways to Start Your 2013 Tax Planning and Save Money

The New Year’s celebrations are over.

 

The New Year’s Resolutions are starting. We’ll see how long they last.

 

Many people feel income taxes are going up. I’m confident they are for the higher income earners.


8 Reasons You Will Pay More Taxes in 2013…Guaranteed

 

1) Increase in Ordinary Income Tax Rates

The highest ordinary income tax rate is 35%.  This is scheduled to go up to 39.6%

 


Fifty Shades of Tax Deductions

No Fifty Shades of Grey here.  Here are Fifty Black and White Tax Deductions and Credits.

1) Standard Deduction – Taxpayers can take the higher of the Standard Deduction or their Itemized Deductions.

2) Medical Expenses

3) Medical Miles – The deduction for medical miles is currently 23 cents per mile.


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