Looking back to 2013

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 2013.

2013 Big News Story

Snowden Leaks Details of PRISM

 

Per BBC

The scandal broke in early June 2013 when the Guardian newspaper reported that the US National Security Agency (NSA) was collecting the telephone records of tens of millions of Americans.

The paper published the secret court order directing telecommunications company Verizon to hand over all its telephone data to the NSA on an "ongoing daily basis".

That report was followed by revelations in both the Washington Post and Guardian that the NSA tapped directly into the servers of nine internet firms, including Facebook, Google, Microsoft and Yahoo, to track online communication in a surveillance program known as Prism.

Britain's electronic eavesdropping agency GCHQ was also accused of gathering information on the online companies via Prism.

Shortly afterwards, the Guardian revealed that ex-CIA systems analyst Edward Snowden was behind the leaks about the US and UK surveillance programs.

He has been charged in the US with theft of government property, unauthorized communication of national defense information and willful communication of classified communications intelligence.

2013 by the Numbers

Economic Data from 2013

Grocery Prices from 2013

Personally, 2013 was another big year for the Harabin family. 2013 was the year we were blessed with our rainbow baby. While I was enjoying the thrills of becoming a new father, Relax Tax was positioned to do another fundraising round in the summer/fall of 2013.

Investors were pausing briefly to allow time to fully understand exactly what the impact of Snowden's revelation would mean to companies building on Google and the related companies platforms. The delays had a hug impact on Relax Tax since we had yet to build critical mass.  We would end up missing our raise window in 2013.    

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.