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<title>Hillman & Glorioso: Newsflash</title>
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<p class=MsoNormal><span style='font-size:7.5pt;font-family:Arial'>Date
posted: </span><span style='font-size:7.5pt;font-family:Arial;color:#336666'>September
3, 2003<br>
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border=0 VALIGN=MIDDLE><br>
<img width=5 height=1 id="_x0000_i1029" src="home\tpx.gif" border=0
VALIGN=MIDDLE><strong>PLANNING FOR TAX TIME</strong><br>
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VALIGN=MIDDLE></span></p>
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auto;mso-list:l0 level1 lfo1;tab-stops:list .5in'><span
style='font-size:10.0pt;font-family:Arial'>Did you pay too much in taxes
last year?<o:p></o:p></span></li>
<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;mso-list:l0 level1 lfo1;tab-stops:list .5in'><span
style='font-size:10.0pt;font-family:Arial'>Have you ever expect a
refund, only to discover that you owed a small fortune?<o:p></o:p></span></li>
<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:
auto;mso-list:l0 level1 lfo1;tab-stops:list .5in'><span
style='font-size:10.0pt;font-family:Arial'>Does your war on taxes feel
like Napoleon at Waterloo?<o:p></o:p></span></li>
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<p class=MsoNormal><span style='font-size:10.0pt;font-family:Arial'><br>
If you answered yes to any of these questions, you should consider planning
to stay ahead of your taxes. People who wait until tax time to consult a tax
advisor find that their options for managing the current-year tax bite is
greatly reduced. Granted, a good tax advisor will educate clients on
available tax deductions and tax credits. A good advisor also will ensure the
use of tax laws to their client's maximum advantage. While this is good tax
reporting, it is not tax planning.<br>
<br>
A good tax plan must take into account current earnings, future earnings
potential and future plans or goals. Simultaneously, the plan must be
flexible enough to adapt to changes in your situation or in tax laws. In
other words, you need to formulate a master tax strategy that will encompass
this year and all future years. Such planning can play a vital role in
helping you to decide when to make that charitable contribution to your alma
mater or whether you should realize a gain or loss on stock you own. Tax laws
change annually, so tax planning should be a continuous process. To begin
this process now, contact us at: <a href="mailto:[email protected]">[email protected]</a>
or call us at: (703) 902-9600.<br>
<br>
<span style="mso-spacerun: yes"> </span><br>
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