We look forward not back
Does your accountant seem obsessed with last year? If you want to legally pay less in taxes, you need a professional who looks forward. Relax Tax helps our clients focus on planning for a better future, and not the past. If we want to look back at anything, we thought it might be fun let our blog look back at what we learned in the last 50 plus years. You can get a FREE COPY of the entire guide at back.relaxtax.com. Now lets take a look at 1975.
1975 Big News Story
Vietnam War Ends for US as Saigon Falls
1975 by the Numbers
Economic Data from 1975
Grocery Prices from 1975
Personally this was a great year for me as this was the year I started kindergarten. I have any memories of Kindergarten but none were of the Vietnam. I was too young and sheltered to remember the fall of Saigon.
Yet, this would later have and impact on my life. For another great person in my life, was Billy. He was a few grades younger then me. Yet he and all of his adopted family attended the same High School. In 1975 he was one of the last children to get out of Saigon. He was the son of a soldier, and his mother Vietnamese. He remembers flying out of Vietnam as Saigon fell. He had to learn English when he got here.
I arranged for him to visit me at Villanova. He had such a great time that he not only attended but went on to become my little brother in my fraternity. Such an amazing guy and an incredible story of overcoming the odds to put history behind him.
A tax return is just a historical record of what happen financially in the previous year. If you don't think about your taxes until you start receiving your tax forms, then it is already too late. Click Here to schedule your risk free tax planning session.
If your tax preparer isn't doing tax planning with you, then you have the wrong tax preparer. If you do your taxes yourself with software and just "tweak" the numbers till you get the numbers where you want them then you should read our blog post on what could be in store.