AAF NewsFlash

AAF's 2007/2008 Online Tax Guide is now available to clients and friends!

Tax planning has become increasingly complicated in recent years. Recent tax reform continues to provide valuable opportunities for lowering your tax bill. Many of the best opportunities are temporary, so planning is key to minimizing your tax liabilities today and in the years to come.

As always, our firm strives to make it easier for you to plan your tax strategies and save money. For example, with the cost of health care on the rise, many Americans amass significant medical bills which can be difficult to pay. However, the medical expenses tax deduction offers some relief. Many taxpayers would stand to benefit from these deductions, but are often unaware that their expenses may qualify.

Visit our Online Tax Guide today for more information on this tax deduction and many other helpful topics including:

Highlights of the Tax Relief and Health Care Act of 2006

Indexed Employee Benefit Limits for 2007

Small Business Tax Breaks Enacted with Minimum Wage

Simple vs. Traditional 401(k)

Succession Planning Strategies

Valuable Business Incentives

To access the Online Tax Guide, simply go to http://www.aafcpa.com/tax-plan.htm, click on "2007 AAF Online Tax Planning Guide" at the top of the page and select a category that best fits your needs - Individual, Investors, Business, or Future Planning. Once you've selected a category, you can browse through the topics in the left hand column or even find out the latest news by clicking on the red "What's New" button in the upper left corner.

We encourage you to visit our website today and often throughout the year. If you have questions on these or other topics, please contact us. We look forward to hearing from you!

Sincerely,

Your Friends at Alexander, Aronson, Finning & Co.

P.S. If you have business associates and friends who might be interested in tax planning information, feel free to share this with them. We do appreciate referrals.