Mitt Romney Uses Tax Loopholes and So Should You

Essex & Associates::www.essexinc.biz January 5, 2012

Greetings!

Romney's most current financial disclosure form estimated his personal worth at up to $250 million, according to Bloomberg Businessweek.

Most Presidential nominees have released their tax returns, and even some candidates who have not received their party's nomination have done so during the primaries. However, some nominee spouses with their own sources of income have not always provided their complete tax returns, as in the case of Cindy McCain in 2008 and Teresa Heinz Kerry in 2004.

If you read between the lines of Romney's political "speak", he is saying that he takes full advantage of every tax loophole available to him. And so should you–You should take advantage of every legal tax deduction available. How do you do this? Have your taxes prepared by a tax advisor rather than just a tax preparer.

Wishing you many happy returns,

Wayne
http://www.christianspeaker.net/speaker.php?mid=512

http://www.youtube.com/watch?v=N4CUea5HEio

Wayne T. Essex Ph.D.

Essex & Associates

Tax, Accounting, Payroll

7501 Paragon Road

><> 937.432.1040 <><

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April 17, 2012* 2011 Federal Tax Return Tax Day for Tax Year 2011
Filing deadline and due date for Federal Income Tax Returns.

April 17, 2012 2011 State Tax Return Due date for most State Income Tax Returns.

April 17, 2012 2011 Federal Tax Extension Due date for Tax Extensions for 2011 Federal Income Tax Returns.

April 17, 2012 2011 State Tax Extension Due date for most State Income Tax Extensions.

October 15, 2012 2011 Federal Tax Return Last day to e-file a 2011 Income Tax Return for Tax Extension filers and late Tax Return filers.

April 15, 2015 2011 Tax Amendment You can file an Amended Return anytime, but you have a deadline of 3 years from the original due date to claim any tax refund.

No Deadline Previous Year Tax Returns You can file a Tax Return for a previous tax year anytime, but you can only claim a refund within 3 years of the original tax deadline.

Official IRS 2012 Deadlines PDF