How Will The Expiration of The Bush Tax Cuts, The Fiscal
Cliff, Obamacare & Passing Proposition 30
Affect Your Taxes?
the uncertainty over Congress’s ability to solve the fiscal
cliff issues in a timely manner, many middle to high income
families and business owners may wait too long and not have
time to prepare financially for the tax consequences
now in place retroactively in 2012 from Prop 30 passing as
well as what will come in 2013 on the federal level.
On Monday, December 10th at 9:00 am PT
www.SmeedCPA.net) we will be hosting a live conference
call and explain the pending tax increases and their potential
impact they can have and how to prepare for them.
Here are some examples of what is coming:
not only are the Bush Administration tax cuts set to expire,
but a new 3.8 percent surtax on investment income and a
possible reinstated claw-back of itemized deductions could
raise the tax rate on ordinary income to as high as an
effective 44.6 percent for some taxpayers.
the tax rate on long-term capital gains could increase from 15
percent to 20 percent and the rate on qualified dividends from
15 percent to an effective 44.6 percent.
if Congress doesn’t take action, the federal estate tax rate
will increase from 35 percent to 55 percent and the exclusion
amount will drop from $5,120,000 to $1,000,000.
To learn what these changes mean and strategies
to prepare yourself & your business for them, both individuals
and business owners are invited to listen in to the Free
Conference Call on Monday, December 10th at 9:00 am PT
(register beforehand at
Eye On Money:
November - December 2012
is the November - December 2012 issue of EYE ON MONEY.
The magazine is 20 pages and has
several money & financial articles I think you will enjoy
You can download it as a PDF (click
here) and read or print it out.
Some of the article topics
- The Ins and Outs of Wash
Sales, pg 2
- 8 Reasons to Start a Business
Retirement Plan, pg 3
- Umbrella Insurance Helps Cover
You on the Rainiest Days, pg 4
- Charitable Contributions
Increased in 2011, pg 4
- 2012 Health Care Reform Act
Implementation Timeline, pg 5
- 2012 Year-End Tax Planning Guide, pg 6
- 5 Tips for Municipal Bond Investors, pg 14
After you read it if you have any questions, feel free to call
our office. Michael
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; Ena Dzitrie, MBA and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using the Internet and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
click here to go to our Google Listing for SMEED CPA.
Scroll down to the Review area.
It may say: Been here?
Rate and review
You will click on the Rate and
review link and then log into Google, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA
Managing Partner, SMEED CPA,