Blog Archives

5 Lessons Learned From Tax Season

Another Tax Season has come and gone.  Here are the 5 Lessons Learned from this Tax Season.  1) Don’t Pass Tax Legislation on December 31 Congress passed the American Taxpayer Relief Act on December 31, 2012.  It’s clear that no


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Why I Work for the Top 1%

Recently there has been a lot of noise about the top 1%. They certainly have taken a beating. This was highlighted by the Occupy Wall Street Movement last year. It has received significant attention during the Election. There are several


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What’s the Difference in Capital Gains Taxes?

Capital Assets Capital assets are generally those held for investment.  Stocks, bonds and mutual funds are some examples. If there is a gain on the sale of these assets, a capital gains tax is due.


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Why the Fiscal Cliff is Fiscally Irresponsible

  The Federal Government and the country are set to go off the Fiscal Cliff on New Year’s Day.   The term Fiscal Cliff refers to number of laws that if they remain unchanged, could result in significant tax increases


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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%  


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