Online Advisor - November 2008

In this month's edition...

What's New in Taxes: New rescue plan extends expired tax breaks

President Bush signed the Emergency Economic Stabilization Act of 2008 into law on October 3, hoping this plan would bring stability to the financial markets. The new legislation includes a wide range of provisions affecting financial institutions and individuals. For instance, it authorizes the government to spend $700 billion for troubled financial assets, curbs excessive compensation arrangements for executives of financial firms, raises the FDIC insurance limit to $250,000 per account through December 31, 2009, and provides relief for certain homeowners. Sign up below to read more in our November issue of our Online Tax Advisior Newsletter.


  • Major Tax Deadlines
  • Act fast to identify ways to reduce your 2008 tax bill
  • New Business: FUTA surtax extended for a year
  • Low-cost benefits can boost employee morale
  • What's New in Business: Social security taxable wage base will increase in 2009
  • Got mutual funds? Pay attention to year-end tax issues

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The information contained in this newsletter is of a general nature and should not be acted upon in your specific situation without further details and/or professional assistance. For more information on anything in the Online Advisor, or for assistance with any of your tax or business concerns, contact our office at 508-679-6079.

 

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