 The Fiscal Cliff Deal and Your Taxes
 Several tax hikes, some tax breaks. Now that the fiscal cliff deal assembled in Congress is becoming law, it is time to look at some of the tax law changes that will result. Here are the major details in the bill, which will bring significant tax hikes to some households in an effort to increase federal revenues by $600 billion over the next ten years.
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IRS Begins Processing 1040s January 30
Following the January tax law changes made by Congress, the Internal Revenue Service announced it plans to open the 2013 filing season and begin processing individual income tax returns on January 30.
 The announcement means that the vast majority of tax filers should be able to start filing tax returns starting January 30.
The IRS estimates that remaining households will be able to start filing in late February or into March because of the need for more extensive form and processing systems changes. This group includes people claiming residential energy credits, depreciation of property or general business credits.
Read more here.
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This Could be Fun - Adventure Travel
From the Wall Street Journal, information about Road Scholar which is the educational travel program formerly known as Elder Hostel. The program offers domestic and international educational adventures each year in the U.S. and 150 countries around the world.
Travel adventures are open to all ages but most packages appeal to baby boomers and beyond. There are special programs offered for solo women travelers and intergenerational trips for grandparents and their grandchildren.
Read more here.
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We Invite You to Our Open House
Please join us for an Open House and Ribbon Cutting to celebrate our new location.
Thursday, January 24
from 4:00-7:00 pm
441 Carlisle Drive, Suite A
Herndon, VA 20170
We hope to see you there. If you have questions, contact our Office Manager, Linda Powell, or phone us: 703-865-4092.
Need directions? Find us on mapquest.
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Happy New Year!
Be at War with your Vices, at Peace with your Neighbours, and let every New Year find you a better Man.
~Quoted in Benjamin Franklin's Poor Richard's Almanac, Dec. 1755
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Ten Worst States for Retirees
Everyone has "top ten" lists for 2012. Here is one from MarketWatch. The good news for us, Virginia is not on the list. There are some surprises though.
Read more here
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Monthly Economic Update
Our economy doesn't revolve around a single issue - but in December, it almost seemed as if it did. Everyone worried that America would fall off the "fiscal cliff" come January 2. In the wake of the crisis, stocks showed remarkable resilience - the S&P 500 actually gained 0.71% in December.
Read more here
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Registered Representatives. Securities offered
through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representatives, Cambridge Investment Research Advisors, Inc. a Registered Investment Advisor. Cambridge and Symphony are not affiliated |
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Symphony Financial
441 Carlisle Dr, Suite A
Herndon, VA 20170
Office: 703-865-4092
Fax: 703-865-4096
www.symphonyfinancial.net |
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