Your money

‘Tis the season…  to think about some last-minute tax planning.

There is still time to accelerate a few deductions.

• Charitable contributions, medical expenses, etc.
  (Remember: credit card transactions are deductible when charged.)
• Qualified higher education — you may want to pay now the expenses for the 1^st quarter of 2017.

Now it’s also the time to buy that car or RV you were thinking about.
The sales tax will help when you’ll itemize your deductions.

Tax victory for states
On line purchases cause states to lose billions in uncollected sales tax revenues.
Every year.

State of Colorado has a law that requires internet retailers to report to tax authorities.
(Information on transactions)
And notify consumers as well of their obligation to pay the sales tax.
This year the law was challenged — on the grounds that it violates the U.S. Constitution’s Commerce Clause.

On Monday the Supreme Court sided with Colorado.
And the law stands.
This is a big victory for the states.

Mariana Fieraru

Mariana Fieraru, an Eastern European transplant, fell in love with her new home shortly after landing in New York. She "discovered" pizza! Years later she still loves pizza. And so do her two feathered-kids, Sunny and Flipper

Mariana worked on both, the east and the west coast.
Big or small, each project she worked on helped define the importance of gaining and sustaining a competitive edge in an increasingly complex business environment.

Business know-how, love of teaching and writing – all combined in 2006 to form OBI.
Its mission: to make learning fun! And easy.

Through its training, consulting, and publications OBI builds bridges of knowledge to take you from where you are to
where you want to go. Using a mix of serious, informal, analytical, and optimistic approach, OBI truly makes learning fun.

Learn More