April 2013 eNews

Greetings all,

I wanted to take this time to thank all of you for your support over these years. It’s been over 20 for some of you. And though I had planned on a tax career for the rest of my life, I have recently been provided an opportunity that I could not resist. It is with great excitement ….but also some sadness, that I hang up my shingle as I prepare for the next adventure in my life. I am more than happy to recommend some quality (though not so cool) replacements for your tax needs. And of course this is an April fool’s joke. Some of you would have been extremely disappointed if I didn’t pull some sort of shenanigans.

Although many of you are done with taxes, and history has shown that I will not talk to you again for 11 months, I would like to take this time to encourage you to address your tax situation a little more frequently. You go to the dentist twice a year. Why not see (or talk to…or text message…or email….or Skype) your CPA twice a year.

A tax checkup is a great way to avoid any of those surprises that may have hit you this year. No one likes owing any more taxes than they legally should pay, but the best time to do something about that is during the year. This year I saw many instances where taxpayers embarked on a certain path without knowing the tax consequences of that choice. Ultimately, they were not happy with the tax return impact.

With tax reform bringing about many changes effective in 2013, it is a great idea to get a tax check-up and see just how much you will be affected by these changes. High income tax payers face new taxes. Some credits have been discontinued. Tax rates in general are going up. So now that taxes are fresh on your mind, it is a great time to discuss where you are at, and what you might be able to do differently to improve you tax situation.

Please feel free to give me a call (in two weeks please) and we can discuss your tax situation.

I hope all of you had a great Easter weekend and enjoyed the first blast of sunshine in Oregon.