Unlimited Estate Tax Exclusion in 2010 is Dying

Congress recently passed legislation to keep the federal estate tax exclusion at $3.5 million.  Taxable estates would be taxed at 45%. 

Presentation at the Manchester Chamber of Commerce

Tom Scanlon

Thomas F. Scanlon, CPA, CFP®, Borgida & Company, PC and Raymond James Financial Services, Inc., member FINRA/SIPC, 360 East Center Street, Manchester will present "The Seven Sins of Personal Financial Planning"™ for the Greater Manchester Chamber of Commerce.

This interactive session will clearly explain the seven steps one needs to take charge of their personal finances.  

Date:   January 19, 2010   Time:   8:00 a.m. – 9:30 a.m. Place:  Greater … Continue reading »

Presentation at East Hartford High School

Tom ScanlonTom Scanlon, CPA, CFP® was recently a guest speaker at East Hartford High School. Tom's presentation with the senior students provided an overview on personal finance including savings, loans, credit cards, and home ownership.




Where…EXACTLY…do you live?

Recently, hedge fund manager, Julian Robertson, avoided $27 million (yes, million) in New York City taxes.  He was able to prove he was outside the city and, therefore, not a resident of the city.  How did he do this?  His assistant kept detailed records of his time.

Give…And Keep It "All In The Family"

Individuals may give up to $13,000 per year to an unlimited number of people.  This is known as the annual exclusion.