Hi SOTGC readers. I just got this email from Bridget Grimes (who writes our MONEY posts). This is very sage advice and a good heads up to be prepared and start planning now.
Happy December!I am excited to get back to sending monthly articles on interesting and important topics. As you know, we are still in tax limbo and it is impossible to predict the future. But, we do NOT expect taxes will be going down and we do know for sure that if you are making over $250,000, there are some important tax changes that will be affecting you.If you are close to reaching that $250,000, pay attention to the ways to get your pretax income down by maximizing your retirement contributions. I have attached an article from the Wall Street Journal called Tax Moves to Make Now.http://online.wsj.com/article/SB10001424127887324712504578131562431726842.html?mod=WSJ_hpp_sections_personalfinanceHave a terrific holiday season and I look forward to reaching out in 2013.Best,BridgetBridget Venus GrimesWealth AdvisorWomen’s Practice
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