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Tax season during these crazy times

 

March 25, 2009

Dear Clients and Colleagues,

Being tax season and being a CPA, I am breathing and eating taxes right now. While I enjoy a good vanilla tax deduction and especially a chocolate covered tax credit, I am having a hard time swallowing toxic assets. So I thought that I would take a break and pass along some free advice that I hope will make you smile and go “Yeah, that’s right.”

Putting life and the crazy times we live into perspective, here is some of my favorite advice:
  • Eat lots of colors – Red, Yellow, Orange, Bright Green, Dark Green, Purple and Blue.
  • Count your blessings.
  • Hug your kids.
  • What is the worst that can happen? It did, and we’re still here.
  • Isn’t this the 4th time that the world has come to an end in the last 20 years? And we are still standing.
  • Optimism is the only realism. See above.
  • How did people live before cell phones and the Internet? Better?
  • This time is not different.

If brute force doesn't work, use more.


If you have some good advice, please send it to me at steve@hornsteinlawoffices.com  I’m collecting it. Next newsletter we’ll get back to more serious matters.

If you want to see some beautiful landscape paintings, go to http://www.tricetolle.com  She is a new friend and client, and an accomplished artist.

If you have any questions or need any help, please contact my Financial Assistant, Evan Press, at 818.887.9401 or by Email at evan.press@lpl.com .

In fact, if you have any questions about your tax or financial situation, need advice before you set up a 529 College Savings Plan, make an investment or a big purchase, or want help making sure that you can meet your financial goals, please contact us. Also, if you know someone who could benefit from our services, please contact us. We would love an introduction.

We are a full-service financial firm, with experts in estate planning, taxes and investments.
Steve H. Hornstein, CPA, Esq., LL.M., CFP™
Hornstein Financial
20335 Ventura Blvd., Suite 203
Woodland Hills, CA 91364
Office: (818) 887-9401
Fax: (818) 887-7173
Toll-free: (888) 280-8100
www.hornsteinfinancial.com

Securities are offered through LPL Financial, Member FINRA/SIPC

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, consult myself or your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly.

This document is for information purposes only and is not intended to be an offer or solicitation. The past performance of securities or other investments does not necessarily indicate or predict future performance.

The information in this document is not intended to provide individual tax advice. You should consult either your tax advisor or me for specific guidance.