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<TITLE>Hillman & Glorioso: Newsflash</TITLE>
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<FONT FACE="arial,helvetica,sans-serif" SIZE="1">Date posted: <FONT COLOR="#336666">September 3, 1999<BR>
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<IMG SRC="home/tpx.gif" WIDTH="5" HEIGHT="1" BORDER="0" HSPACE="0" VSPACE="0" VALIGN=MIDDLE><STRONG>PLANNING FOR TAX TIME</STRONG><BR>
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<LI>Did you pay too much in taxes last year?
<LI>Have you ever expect a refund, only to discover that you owed a small fortune?
<LI>Does your war on taxes feel like Napoleon at Waterloo?
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<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>
<STRONG>Anne T. Elliott, CPA</STRONG>
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