Tony Novak CPA

Month: November 2012

  • Tax planning notes for 2013

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    tonynova
    in , ,

    Following are unformatted meeting notes from a Presentation by Al Klingan JD, LLM, CLU, ChFC in a meeting 11/8/2012 hosted by First Financial at the Philadelphia Union League. CURRENT LAW FOR 2013 (if no congressional action) All brackets rise CG rise to 20% Dividends 39.6% Deductions phase out Exemptions phaseout Social Security to 6.2% Additional 3.8%…

  • The faces of Sandy tell a story of despair

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    by

    tonynova
    in

    Pictures of smashed houses and overturned outbuildings seem to dominate the news headlines in these days after Sandy subsided. But the biggest impact of the storm can be seen in the faces of those affected. Two longtime residents who lost their home just stared ahead with a blank look and walked more slowly than usual…