Austin Frye named as one of the top

150 Financial Advisors
in the Nation  

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2013 Tax Uncertainty

Given the state of near paralysis in our bitterly divided congress, it is looking more and more unlikely that legislators will come together to successfully address the issue of 2013 tax rates.  As it stands currently, tax laws affecting income, dividends and long-term capital gains, as well as those affecting gifts and estates are set to revert to provisions  in effect prior to the tax cuts of 2001.

With both income tax as well as estate tax planning there are planning steps and opportunities that can be considered now to help offset some of the effects of the likely tax increases.

A recent NY Times article stresses the importance of remaining flexible and of planning ahead. As excerpted from the Jan M. Rosen article, "The overarching thought from all the advisers: The outlook beyond this year is murky and may well be affected by who wins control of the White House and Congress, so take advantage of present law, or at least have contingency plans in place to act quickly before year-end."  

 
*This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor. 

It is no wonder Ives Dairy Road needs expanding! 

It appears that the FBI, in its war on financial fraud, recently  recruited 250 new forensic accountants, as well as Gordon Gekko, the king of greed  himself. 

Douglas, approached by the FBI after expressing concern about Gordon Gekko being seen by some as a hero rather than a criminal, taped a Public Service Announcement for which he received no payment.  

His bottom line message is one we have often repeated to clients of our firm: If a deal looks too good to be true, it is!

Frye Financial Happenings 

Our very own Robin Newman, director of our 401(K)/qualified  plan administration division, has given us 2 new reasons to boast about her.

     

Robin was recently appointed Programs Chair for the local chapter of ASPPA (American Society of Pension Professionals & Actuaries) and we wish her luck in that role.        

In addition, Robin recently received a new designation as an Enrolled Retirement Plan Agent.   An "Enrolled Retirement Plan Agent" or "ERPA" is an individual who has been approved by the IRS to practice before the IRS on certain retirement plan issues.

A Tweet Worth Sharing   

Austin Frye's local Channel 10 interview regarding retiring in our current economy was picked up by a few affiliated stations across the country and we wanted to share a congratulatory "tweet" he received from the Certified Financial Planner Board of Standards, Inc. 

  

Client Corner
Congrats Are In Order!

Long-time client The Miami Times receives National Newspaper Publishers' most coveted award!     

Sept. 1 marked the 89th anniversary of The Miami Times, the oldest and largest black owned newspaper in the Southeast.  

At the National Newspaper Publishers Association's Gala, Garth C. Reeves, Sr., 92, son of founder H.E.S. Reeves, received the Legacy of Excellence Award for leadership and the John B. Russwurm Award, recognizing The Miami Times as the top black newspaper in the country.

Publisher and granddaughter of the founder, Rachel J. Reeves, was presented with the NNPA's most respected and coveted award, the Russwurm Trophy. At the gala, the paper  also received three first-place and one second-place award.

 

Proud Parents

Congrats to proud parents Dr. Gary and Jean Lustgarten on their daughter Andrea's graduation from law school and new associate position with the prestigious Miami law firm Ver Ploeg & Lumpkin, P.A. Well done!