Looking back to 2011

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 2011.

2011 Big News Story

Seal Team 6 Kills Osama Bin Laden

 

Per History.com

On May 2, 2011, U.S. Special Forces raided an al-Qaeda compound in Abbottabad, Pakistan, and killed the world’s most wanted terrorist: Osama bin Laden. The entire operation, which lasted only 40 minutes from start to finish, was the culmination of years of calculated planning and training.

Ultimately, bin Laden was found and killed within nine minutes, and SEAL Team Six was credited with carrying out a nearly flawless mission.

Almost 10 years after 9/11, here's what led to the death of Osama bin Laden.

Intelligence linked a courier to a large compound in Pakistan.

Around 2007, U.S. intelligence officials discovered the name of one of bin Laden’s closest couriers, whom they speculated may have been involved in supporting or harboring the terrorist.

By late 2010, analysts were able to link the courier to a large, highly-secured compound in Abbottabad, a town about 35 miles north of Islamabad.

The compound’s unusual and extensive security features, along with further intelligence information, prompted suspicion that the residence was Osama bin Laden’s hideout.

2011 by the Numbers

Economic Data from 2011

Grocery Prices from 2011

Personally, 2011 was the year Relax Tax expanded to 3 offices to prove out the concept of having multiple offices using Google Hangouts to connect the clients with the tax professionals. As expected reviewing the returns on screen made for an even better experience for the client.    

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.