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December 2010: Quarterly Letter

12/20/2010

 
Dear Clients and Friends,

Happy Holidays!  I hope this note finds you in good cheer.  Normally, I send this update shortly after the close of the quarter, in this case I would publish the Q4 update in early January.  However, since the topic of today's letter contains information on tax planning that may be helpful, I thought it would be advantageous to get the information out to you before the end of the (tax) year.  You might be quick to point out: this leaves me free to enjoy the holiday without needing to work on a quarterly update.  But I'm sticking with my tax year story.

I have been diligently following the debate on extending the Bush era tax cuts, since it has a bearing on Bootstrap clients.  During the debate, there were many critics and supporters of raising taxes for families making more than $250,000.  It struck me - if you are so inclined - that a great way to register your opinion would be: just give the money away. This thought led me to today's subject: charitable giving.

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