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Parker Global, Lockbox to Launch Joint Managed Futures Product

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Parker Global, Lockbox to Launch Joint Managed Futures Product












New York, NY (PRWEB) March 30, 2012

Parker Global Strategies, LLC (PGS) and Lockbox Asset Management (Lockbox) have joined forces to create a new managed futures index and related products and funds for institutional and high net worth investors.

The venture draws on the unique skills of each team. PGS, the creator of the Parker FX Index, brings its deep knowledge of CTA and FX managers, its experience in constructing both actively managed portfolios and investable indices comprised of such managers, and its proprietary style mapping system, CTA Style Trax™. The principals of Lockbox, a New York and Greenwich, CT based investment management firm founded by Aaron Ford and Jonathan Ende, have built award-winning derivatives and alternative investment businesses at major investment banks and bring their 40+ years of structuring, institutional money management, proprietary trading, and alternative investment expertise.

The jointly developed product offerings seek to deliver outsized returns with lower risk by using a customized structured solution coupled with a PGS-Lockbox proprietary systematic, volatility controlled, diversified portfolio of “Best of Breed” CTA, FX and Macro investment managers. The resulting products are targeted to have low to zero correlation to other asset classes and positive performance during market crises. In contrast to most alternative investments, the products will also have very short-term liquidity and a highly preferable custody arrangement.

According to Jonathan Ende, Co-founder of Lockbox, “We are very enthusiastic about our joint venture with Parker Global Strategies. Lockbox Asset Management spent significant time investigating potential partners for this exciting new product, and PGS’s expertise in the FX and CTA space along with their extensive due diligence and research process carried out on each manager is the perfect, synergistic fit.”

Virginia Parker, Managing Member and Chief Investment Officer of Parker Global Strategies said of the products’ underlying new index, “This Index should prove to be one of the most comprehensive rules-based, factor-driven allocation processes available to investors today. The methodology considers trading styles, auto-correlation, mean reversion, risk, quality of a manager’s operations, and more. We are excited to work with Lockbox on this product and eager to share this development with our clients.”

Aaron Ford, Co-founder of Lockbox, added, “Notably missing from most investors’ portfolios is managed futures exposure, which has historically performed as an effective hedge during market turmoil. In our joint effort with PGS, we have developed an innovative, systematic, and easy-to-understand approach to generating outsized absolute returns from the managed futures space in a capital efficient, highly liquid, and risk-reduced manner.”

Based on data from Hedge Fund Research, Inc. (HFR) on alternative investments for 2011, we estimate the managed futures industry had over $ 300 Billion of assets under management at last year end. Since the financial crisis of 2008, managed futures and macro investments have significantly outperformed other strategies and have become one of the fastest growing subclass within the alternative investment spectrum.

NOTE

More information detailing both the joint venture and the PGS-Lockbox Managed Futures Index can be made available on request.

ABOUT PARKER GLOBAL STRATEGIES

Parker Global Strategies (PGS) provides both institutional and private clients a broad spectrum of custom tailored alternative investments including foreign exchange, managed futures and energy infrastructure. The Firm has advised on the placement of over US$ 3.0 billion since its inception in 1995 and has provided foreign exchange advisory and management services since 1996. Founder Virginia Parker developed and launched the Parker FX Index in 1992. Today, it is considered one of the major benchmarks for the performance of FX managers. PGS has offices in Stamford, Chicago and Denver in the US and globally in Tokyo and Singapore. Please visit http://www.parkerglobal.com.

ABOUT LOCKBOX ASSET MANAGEMENT

Lockbox Asset Management, located in New York, NY and Greenwich, CT, is an investment firm which manages capital for its principals and private clients primarily in the alternatives space. Lockbox Asset Management specializes in structuring innovative solutions around its investments with the goal of enhancing after-tax returns while reducing risk. Its founding principals, Jonathan Ende and Aaron Ford, have over 40 years of combined professional investing and structuring experience. Please visit http://www.lockboxasset.com.

CONTACT

http://www.parkerglobal.com

http://www.lockboxasset.com

This document does not constitute an offer of securities for sale, a prospectus, an invitation to subscribe for any securities, or a recommendation in relation to any securities, in the United States or in any other jurisdiction in which such offer or invitation is prohibited. This document does not constitute or form part of any offer of the shares of any fund for which Parker Global Strategies LLC acts as investment manager or an invitation to apply for any such shares.




















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Four Titans of the U.S. Armed Forces Join Honorary Advisory Board for Boulder Crest Retreat

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Four Titans of the U.S. Armed Forces Join Honorary Advisory Board for Boulder Crest Retreat











Bluemont, Virginia (PRWEB) April 11, 2012

Four highly decorated and respected titans of the U.S. Armed Forces have agreed to serve on an Honorary Advisory Board for Boulder Crest Retreat, a 37-acre privately funded Loudoun County facility with accommodations and recreational services designed to help wounded warriors and their families recover and heal. Former Secretary of the Navy John Lehman, General Henry Shelton, (Ret.) U.S. Army, General Peter Pace, (Ret.) U.S. Marine Corps. and U.S. Navy Admiral (Ret.) William J. Fallon will serve as the Honorary Advisory Board, designed to help lead this charity in support of wounded warriors.

Boulder Crest, a not-for-profit organization, was founded by Ken Falke, a retired U.S. Navy E.O.D. (Explosive Ordnance Disposal) expert and successful local entrepreneur who donated land in the foothills of the Blue Ridge Mountains for this purpose. The mission of Boulder Crest is to offer the wounded a restful and rural sanctuary and a break from the reminders, routines and restrictions of their treatments. A $ 10 million capital budget has been created to cover the construction of accommodations, meeting space and outdoor recreational facilities. Once the facility is completed, troops who are undergoing rehabilitation at area military hospitals will be invited to stay at no cost.

“I am deeply moved and honored by the commitment of these distinguished men to join our Honorary Advisory Board,” said Ken Falke. “Their presence on this Board will serve to inspire us to bring this project to fruition as soon as possible…as well as to encourage the many people and organizations that we greatly need to contribute to this mission to build a local retreat for our returning wounded troops. I am truly gratified by their participation and support.”

John Lehman served 25 years in the Naval Reserve, rising to the rank of Captain. In 1981, President Ronald Reagan appointed him Secretary of the Navy where he served until 1987. During his tenure, he built a 600 ship Navy, established a strategy of maritime supremacy, and reformed ship and aircraft procurement. Lehman is the author of numerous books, including Command of the Seas, Making War, and On Seas of Glory. He is chairman of J.F. Lehman & Company, a private equity investment firm. He also serves on the board of directors for several companies and foundations.

General Henry Shelton served more than 38 years in the United States Army in a variety of command and staff positions. In 1996, he was promoted to general and became Commander in Chief of the U.S. Special Operations Command. He became the 14th Chairman of the Joint Chiefs of Staff in 1997.

Among his many military awards, General Shelton has received four Defense Distinguished Service Medals, two Army Distinguished Service Medals, the Legion of Merit, the Bronze Star Medal for Valor, and the Purple Heart. Congress bestowed the Congressional Gold Medal on him on 2002. He currently holds board seats in a number of Fortune 500 companies.

General Peter Pace served more than 40 years in the United States Marine Corps. During his distinguished career, he held command at virtually every level, beginning as a rifle platoon leader in Vietnam. He is the first Marine to ever serve as Chairman of the Joint Chiefs of Staff. He was awarded the Presidential Medal of Freedom in 2008, the highest civilian honor a president can bestow. General Pace is currently serving on the Board of Directors of several corporate entities involved in management consulting, private equity, and IT security. He is Chairman of the Board for the Wall Street Warfighters Foundation; a long-standing member of the Board of Directors for the Marine Corps Law Enforcement Foundation, and serves as an advisor to Our Military Kids.

Admiral William J. Fallon retired from the U.S. Navy after a distinguished 40 year career of military and strategic leadership. He led U.S. and Allied forces in eight separate commands and played a leadership role in military and diplomatic matters at the highest levels of the U.S. government. As head of U.S. Central Command, Admiral Fallon directed all U.S. military operations in the Middle East, Central Asia and the Horn of Africa, focusing on combat efforts in Iraq and Afghanistan. He led the U.S. Pacific Command for two years, directing political-military activities in the Asia-Pacific region. He is chairman of CounterTack Inc., a cyber-security company, a partner in Tilwell Petroleum, LLC, an advisor to several other businesses, a distinguished fellow at the Center for Naval Analyses and on the Boards of several non-Profit organizations.

About Boulder Crest Retreat

Nestled in the foothills of the Blue Ridge Mountains, Boulder Crest Retreat will offer a rural sanctuary to wounded warriors and their families through accommodations and outdoor activities to speed their physical, mental and spiritual recovery. Founded in 2011 by retired U.S. Navy EOD technician and successful local entrepreneur Ken Falke, this not-for-profit undertaking will be built on land he donated and with funds contributed by local corporations and private citizens. For more information or to make a tax deductable donation, visit http://www.bouldercrestretreat.org.





















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Less Cancer’s Founder Bill Couzens Commends Foxcroft School’s Junior Class Walkathon for Less Cancer

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Less Cancer’s Founder Bill Couzens Commends Foxcroft School’s Junior Class Walkathon for Less Cancer











Bill Couzens, Founder Less Cancer


Rye, NH (PRWEB) March 29, 2012

Bill Couzens Founder of the Less Cancer Campaign today said that he honors the work the Junior Class of Foxcroft School, Middleburg, Virginia is doing for Less Cancer.

Foxcroft School Walk-A-Thon Benefiting Less Cancer is Friday, March 30. Walkers, runners and cyclists are welcome to join the five-mile trek, which starts at Brick House on the campus of the Middleburg, Virginia school at 3:30 p.m. Participants are asked to wear green the Less Cancer color for prevention.

Foxcroft School’s Junior Class invites area residents to join them in making a difference in our world by supporting the Foxcroft Walkathon to benefit the Less Cancer campaign, a program of the Next Generation Choices Foundation.

Less Cancer Founder Bill Couzens asks that people help support these student leaders-help Less Cancer.

Individuals may also sponsor participants or make a donation. Tax-deductible contributions of any size are appreciated and may be mailed to Junior Class Walkathon 2012; Foxcroft School; P.O. Box 5555; 22407 Foxhound Lane; Middleburg, VA 20118. They may also be given to members of the Class of 2012. Please make checks out to the Foxcroft School Walkathon.

The Foxcroft Walkathon is organized each year by the School’s Junior Class, which researches and chooses a beneficiary, elicits sponsorships from local businesses, families and friends, and conducts the walk, with help from faculty sponsors.

Bill Couzens, who originally hails from Detroit, Michigan is a graduate of Wayne State University and the Founder and President of the nonprofit Next Generation Choices Foundation and the widely known Less Cancer Campaign.

The Campaign has worked to raise awareness for the reduction of cancer risks. Founded in 2004, Next Generation Choices Foundation partners with communities to create and dispense educational tools that focus on environmental health advocacy and lifestyle choices. Since its inception the organization has been focused on having prevention be part of the cancer conversation with a focus on decreasing the rising incidences of this terrible disease.

The public charity was formed in response to the escalating cases of cancer and the lack of education and knowledge about potential causes. Couzens has been recognized by Congress in addition to the Commonwealth of Virginia for his work in initiating and creating best practices to reduce pesticide drift in health effected communities such as schools.

Under Less Cancer, Bill Couzens was the founder of National Cancer Prevention Day February 4th. This past Cancer Prevention Day, Congressman Steve Israel, Co-Chairman of the House Cancer Caucus said “we recognize everyone who has been touched by this terrible disease, either directly or indirectly”. Having introduced the resolution, he went on to say, “I encourage all of us to think about prevention and how we can reduce risks in our environment and lead healthy lifestyles. I applaud the work that Less Cancer is doing in this regard.”

Couzens has been published in a number of periodicals and has been a speaker on the topic of reducing harmful environmental exposures linked to cancer. Couzens regularly speaks on human health and environment issues.

Next Generation Choices Foundation Board is Chaired By Thomas M. Sherman, MD, and Board Members include Bill Couzens, Greg Lam, Ronald B. Herberman MD, Veronique Pittman, Maryann Donovan PhD, MPH, Science Reporter Miles O’Brien, John Couzens, Stormy Stokes Hood.

The 38 members of this year’s Junior Class chose to benefit the Less Cancer campaign of the Next Generation Choices Foundation because virtually all members of the Foxcroft community and their families have been directly affected by this disease in one of its many forms. The Less Cancer campaign educates and provides information centered on evidence- based science for reducing health and environmental risks associated with cancer.

Less Cancer has followers on Twitter and Facebook in over twenty-five countries.

Foxcroft School Founded in 1914, Foxcroft is a college-preparatory boarding and day school grades 9-12. It’s innovative curriculum offers 80 courses, including 12 APs, and nine interscholastic sports, one of which is a nationally-renown riding program. The 2011-12 student body is comprised of 154 girls from 20 states, eight countries and the District of Columbia. The Class of 2011 was offered 179 acceptances and $ 925,000 in merit scholarship by 121 colleges including Cornell, Duke, Emory, Georgetown, William & Mary and the universities of California at Berkeley, Michigan, Pennsylvania, and Virginia.









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Ocean Sands Holding Corporation, Petitioner, v. Virginia Department of Taxation. U.S. Supreme Court Transcript of Record with Supporting Pleadings

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Ocean Sands Holding Corporation, Petitioner, v. Virginia Department of Taxation. U.S. Supreme Court Transcript of Record with Supporting Pleadings

The Making of Modern Law: U.S. Supreme Court Records and Briefs, 1832-1978 contains the world’s most comprehensive collection of records and briefs brought before the nation’s highest court by leading legal practitioners – many who later became judges and associates of the court. It includes transcripts, applications for review, motions, petitions, supplements and other official papers of the most-studied and talked-about cases, including many that resulted in landmark decisions. This collection serves the needs of students and researchers in American legal history, politics, society and government, as well as practicing attorneys. This book contains copies of all known US Supreme Court filings related to this case including any transcripts of record, briefs, petitions, motions, jurisdictional statements, and memorandum filed. This book does not contain the Court’s opinion. The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping ensure edition identification:

Ocean Sands Holding Corporation, Petitioner, v. Virginia Department of Taxation.
Petition / Howard I Legum / 1976 / 76-241 / 429 U.S. 896 / 97 S.Ct. 259 / 50 L.Ed.2d 180 / 8-18-1976

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EC Hispanic Media and Liberty Tax Service Announce Tax Season Partnership to Help Latinos in Southern California

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EC Hispanic Media and Liberty Tax Service Announce Tax Season Partnership to Help Latinos in Southern California











“Más Dinero” custom publication cover.


Los Angeles, CA (PRWEB) March 07, 2012

Virginia-based Liberty Tax Service and Los Angeles-based EC Hispanic Media partner to bring Hispanic consumers in Southern California timely, high-value educational content. Through the partnership, Liberty Tax Service’s educational Hispanic Initiative, Una Familia Sin Fronteras, utilizes El Clasificado’s award-winning distribution to reach Hispanic families with vital fiscal and financial information that will make a positive impact on their lives. Liberty Tax Service and El Clasificado have created a value-packed custom publication entitled “Más Dinero” (More Money).

The custom publication offers readers information that allows them to make the right decisions as they prepare to file their taxes, in tandem with other important details relative to work classifications and fundamental fiscal responsibility issues. The publication can be found in over sixty-five hundred (6,500) of El Clasificado’s 22,000 distribution points throughout the Los Angeles area, including selected Liberty Tax Service retail locations in Southern California located in high-Hispanic-density locations.

“El Clasificado has a top-notch distribution system and is deeply rooted in the Hispanic communities where they do business. Since the goal of our Una Familia Sin Fronteras educational initiative is to reach as many Latinos as possible with FREE fiscal and financial information, El Clasificado was the perfect partner”, said Martee Pierson, Director of Diversity Programs for Liberty Tax Service. In the weeks leading to the publication of the custom publication, El Clasificado has also been publishing valuable tax tips in 20 of its 38 zones. These tips feature Liberty Tax Service’s Doña Libertad, the “wise Latina” representative of their Hispanic Initiative. In addition, the tax tips are accompanied by public service announcements from key Liberty partners including Mothers Against Drunk Driving (MADD) and the American Red Cross.

“We were impressed with Liberty Tax Service’s focus on the Hispanic community through their Una Familia Sin Fronteras initiative and their passion for education and economic empowerment. Their valuable educational resources are sorely needed in the Hispanic market. It is a pleasure to work with a company that has provided financial independence to many entrepreneurs. Our objectives align very well,” said Martha de la Torre, CEO of EC Hispanic Media.

The partnership also includes a distribution deal which allows for the distribution of El Clasificado in selected Liberty Tax Locations via co-branded retail racks. “The combination of Liberty Tax Service and El Clasificado in a co-branded distribution point where consumers can find educational value has been a great hit with our consumers,” said Diana Aghili, National Sales Manager for EC Hispanic Media. “Solutions like these engrain our clients’ brands to our reader’s daily life,” she added.

Finally, in April of 2012, Liberty Tax Service will participate in El Clasificado’s Su Socio de Negocios(Your Partner in Business) Expo. The Expo brings education, tools and inspirational stories to small business entrepreneurs in Southern California. Liberty Tax Service’s Martee Pierson will be the keynote speaker and Liberty Tax Service franchisees will present inspirational success stories to the attendees.

About EC Hispanic Media:

EC Hispanic Media is a Los Angeles-based company with headquarters in Norwalk, California. Through its flagship print product, El Clasificado, EC Hispanic media reaches 2 million Hispanics on a weekly basis. Its footprint extends from the Central Valley of California to San Diego with a distribution of 475,000. In the last year, the distribution has grown at a neck breaking pace, and has recently expanded into the Fresno and the Bakersfield markets. EC Hispanic media also owns elclasificado.com which generates over 9.9 million page views a month. EC Hispanic Media’s events division produces “Quinceañera Expo” which attracts 10,000 attendees annually, and the “Su Socio de Negocios” small business workshop series. EC Hispanic Media also reaches the bilingual Hispanic via its online property alborde.com and its “Día de los Muertos” (Day of the Dead) event in November.

About Liberty Tax Service

Liberty tax service is the fastest-growing retail tax preparation company in the industry’s history. Founded in 1997 by CEO John T. Hewitt, a pioneer in the tax industry, Liberty Tax Service has prepared over 8,000,000 individual income tax returns. With 41 years of tax industry experience, Hewitt is the most experienced CEO in the tax preparation business, having also founded Jackson Hewitt Tax Service. He entered the industry in 1969 after taking a tax preparation course.

Each Liberty Tax office offers customers audit assistance, a money-back guarantee, and free tax return reviews. An elite group of Hispanic Services Seal of Excellence Certified offices also provide assistance in Spanish and offer many special services geared toward our Hispanic population free of charge, across the nation. The Liberty Tax Service franchise opportunity is #7 on the list of fastest-growing franchises in Entrepreneur magazine’s “Franchise 500” list for 2011, and was selected as one of the top 25 Franchises for Hispanics by PODER magazine.

Contact:

Hugo Hernandez

Director of Marketing and Events

323-837-4091

hhernandez(at)elclasificado(dot)com









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The NRP Group to Break Ground on $12 Million Veterans Initiative Apartments – First in Phoenix.

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The NRP Group to Break Ground on $ 12 Million Veterans Initiative Apartments – First in Phoenix.











Architectural rendering of Madison Pointe Apartment Homes

Phoenix, Ariz. (PRWEB) February 02, 2012

The NRP Group is announcing the upcoming official VIP groundbreaking ceremony of the $ 12 million Madison Pointe Apartment Homes project – which is slated to be ready for residents in the Fall of 2012 – will take place on Thursday, February 9, 2012. Madison Pointe is the first multifamily construction project in the city of Phoenix to feature a dedicated veteran’s initiative.

Scheduled speakers at the event include Phoenix Councilman Tom Simplot (District 4); Arizona Department of Housing Director Michael Trailor; Col. Joey Strickland (director of Arizona Department of Veterans’ Services); John McGarey (president of the Devonshire Neighborhood Association); and David Hepburn, Chief Housing Officer of UMOM among others. The Vietnam Veterans Association Chapter 432 of Phoenix will present the colors.

The project – located at 4150 N. 9th Street – was financed with funds from Bank of America (who is the equity partner, construction loan originator and permanent lender), The Arizona Department of Housing, and the City of Phoenix, which provided a HOME loan.

Ten units have been set aside for VASH vouchers, which is the Department of Housing and Urban Development and Department of Veterans Affairs Supported Housing (HUD-VASH) program providing long-term case management, free supportive services and permanent housing support. There are an additional ten units set aside for rental subsidy through the McKinney Vento Grant with case management funded through a grant from Supportive Services to Veteran Families.

Designed with low to moderate income U.S. veterans and their families in mind, Madison Pointe will offer sixty affordable 1-, 2-, and 3-bedroom apartment homes with an array of features including a fully-equipped kitchen, ceiling fans, in-unit full size washer and dryer, and a private patio or balcony.

Amenities include a clubhouse with community room, free resident fitness center, playground, computer center with high-speed internet access, carports, and full perimeter fencing and gated access.

Madison Pointe will be a short walk to the Carl T. Hayden VA Medical Center, Vietnam Veterans of American and the U.S. Department of Veteran Affairs, giving veteran residents convenient access to world-class medical care and veteran services.

The NRP Group LLC: Developer, Builder and Management Company

The NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every project The NRP Group takes on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008 and 2009 by Affordable Housing Finance.

Since its’ founding in September 1995 by Alan F. Scott, T. Richard Bailey and J. David Heller, the company has experienced continual growth in the fields of single-family, multi-family, senior and student housing. In all, more than 18,077 housing units have been built with another 3,292+ planned in 2012.

In 2003, the owners formed NRP Management, which at year-end 2011 managed 96 properties encompassing 10,079 market rate and tax credit family and senior apartment properties in Ohio, Michigan, North Carolina, Virginia, Texas, Indiana, New Mexico, Florida, and Arizona.

The NRP Group, LLC has offices in Cleveland, Ohio; San Antonio, Texas; Houston, Texas; Phoenix, Arizona; Buffalo, New York; Raleigh, North Carolina; and Orlando, Florida. For more information, call (216) 475-8900 or visit http://www.nrpgroup.com.

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Liberty Tax Service Reviews Tax Changes for Filing a 2011 Return

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Liberty Tax Service Reviews Tax Changes for Filing a 2011 Return










Virginia Beach,VA (PRWEB) January 09, 2012

With fresh New Year’s resolutions to save money on taxes still top of mind, there are many tax measures to review that may apply for 2011 and/or 2012 filing. Liberty Tax offers this review of some of the more significant tax measures to keep in mind now, and for future planning.

“Some of the tax measures in effect through the Tax Relief Act of 2010 continued through 2011. Be aware of tax deductions that have expired, such as the making Work Pay Credit,” said John Hewitt, CEO of Liberty Tax Service.

Expired in 2011

Current Alternative Minimum Tax (AMT) Amounts: There were no last minute changes or surprises for the Alternative Minimum Tax Credit. Through 2011, taxpayers paying the AMT who are eligible for tax credits can still claim the credits to offset their AMT bill. These include credits for child and dependent care expenses, elderly or disabled, education, and mortgage interest. For 2011, the AMT exemption amounts are $ 48,450 for unmarried individuals and $ 74,450 for a married couple filing jointly.     

State and local sales tax deduction: Through 2011, taxpayers who itemize their deductions and live in one of the states without a state income tax may deduct their state sales tax or their state income tax, whichever is more advantageous.

Tuition and fees deduction: Qualifying higher education expenses such as tuition and fees paid for yourself, a spouse, or a dependent are again deductible as an adjustment on Form 1040. The allowable amount is up to $ 4,000.

Educators’ $ 250 deduction for supplies: Through 2011, eligible educators who have spent their own money for qualified classroom supplies can deduct up to $ 250 as an adjustment on Form 1040, regardless of whether they are able to itemize deductions. Any amount exceeding $ 250 may be claimed as an itemized deduction.

Deductible Interest Includes Mortgage Insurance Premiums

Mortgage insurance premiums are deductible as interest through December 31, 2011.

Residential energy credit for 2011: Some home improvements made through December 31, 2011 to a primary existing home qualify for a deduction of up to $ 500. These include insulation, metal and asphalt roofs, non-solar water heaters, and windows and doors. The credit is reduced by any residential energy credit taken after 2005.

Small Business Tax Breaks

Section 179 Expenses

For 2011, small businesses can expense up to $ 500,000 of the first $ 2 million of business expenditures considered section 179 expenses.

New businesses can deduct up to $ 10,000 in start-up expenses on their first tax return in 2011.

Mileage Deductions for 2011 and 2012:

    Business mileage:
2011: 51 cents per mile, January 1-June 30, 2011 and 55.5 cents July 1-December 3,2011. Also 55.5 cents for 2012.

    Medical or moving mileage:
2011: 19 cents per mile January 1-June 30, 2001, 23.5 cents per mile July 1-December 31, 2011, and 23 cents per mile for 2012.

2012: (we can add)

    Charitable mileage: 14 cents per mile for 2011 and 2012.

An Increase on the Tax for Non-Qualified Distributions from HSA

The Patient Protection Act increases the additional tax on nonqualified distributions from health savings accounts (HSAs) from 10 percent to 20 percent and from Archer MSAs from 15 percent to 20 percent effective after tax year December 31, 2010.

Expiring in 2012

Write off Full Amount of Itemized Deductions Through 2012

Taxpayers who itemize their deductions can deduct the full amount of their itemized deductions regardless of their adjusted gross income through 2012. Taxpayers can also deduct the full amount for exemptions, with no income restrictions or phase-outs through 2012

American Opportunity Tax Credit Continues Through 2012

The American Opportunity Credit is available again in 2011 and 2012 for taxpayers claiming higher education costs including required course materials. The credit will allow the taxpayer to claim up to $ 2,500 of the cost of college tuition and related expenses.

Section 179 Expenses Decrease

For 2012, small businesses can expense up to $ 125,000 of the first $ 500,000 of business expenditures considered section 179 expenses

Break for Short Sales and Home Foreclosures

Homeowners experiencing “short sales” and foreclosures will get a break for “debt-forgiveness” tax consequences. Instead of treating cancellation of debt as taxable income on the foreclosure of a principle home, no taxes will be levied on discharges of indebtedness of up to $ 2 million dollars for married taxpayers filing jointly and of up to $ 1 million dollars for a married taxpayer filing a separate return through tax year 2012.

Capital Gains

The maximum individual capital gain tax rate of 15% remains in effect for 2011 and 2012.

About Liberty Tax Service

Liberty Tax Service is the fastest-growing retail tax preparation company in the industry’s history. Founded in 1997 by CEO John T. Hewitt, a pioneer in the tax industry, Liberty Tax Service has prepared over 9,000,000 individual income tax returns. With 42 years of tax industry experience, Hewitt stands as the most experienced CEO in the tax preparation business, having also founded Jackson Hewitt Tax Service.

30 –
Contact: Representatives of Liberty Tax Service are available to discuss the latest tax changes and to make presentations to local groups who might be interested in learning more.

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WCPE?s Premieres ?My Life in Music?

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WCPE’s Premieres “My Life in Music”












Wake Forest, NC (PRWEB) December 21, 2011

WCPE Program Director Dick Storck announces the premiere of a new program called “My Life in Music”, co-hosted by a musician from the North Carolina Symphony. Each musician chooses his own musical recordings for the show, which airs the first Monday of each month, 7-8 pm, ET.

“This program presents a great opportunity to know our North Carolina musicians,” offers Storck. “It’s autobiographical, providing musical selections and interesting facts about each musician’s favorite composers and works.”

Thus far, co-hosts for My Life in Music include the following musicians:

Paul Randall, principal trumpeter, January 2, 2012;

Bonnie Thron, principal cello, February 6, 2012;

David Marschall, acting principal viola, March 5, 2012;

Karen Galvin: concert master, 1st violin, April 2, 2012;

Erik Dyke, double bass, May 7, 2012;

Maria Evola, 1st violin, June 4, 2012.

“We’re so pleased that WCPE is producing this program and making our fascinating and knowledgeable musicians its centerpiece,” says North Carolina Symphony CEO Sandi Macdonald.

“My Life in Music” is conversational and fun. It reveals the distinct personalities of the talented people you more often see in a formal setting on stage wearing tuxedos and playing their instruments.

“In speaking with the musicians, I have already learned so much in terms of critical listening,” adds Community and Arts Liaison Tara Lynn, who will produce this new show. “When they share recordings by the champions of their own instrument, the musicians have increased my own enjoyment of the music ten fold.”

“Each musician has approached this project differently so far,” continues Lynn. “Every one is spectacular! I truly believe WCPE listeners’ affinity will grow, as mine has, for each one of these individuals who work as a collective to light up the concert hall.”

WCPE’s live broadcast of Great Classical Music, 24 Hours A Day can be accessed around the globe in several ways; on-line streaming in multiple formats, including IPv6, local cable television systems and traditional radio broadcasting. A complete list of the ways WCPE is available with instructions for cable and satellite reception can be found at: theclassicalstation.org/listen.shtml.

In central North Carolina and southern Virginia, WCPE is found on the radio at 89.7 FM.

For more information on WCPE, or to print a downloadable version of Quarter Notes, please visit TheClassicalStation.Org.

Media Contact:

Curtis Brothers

919.556.5178

curtis(at)TheClassicalStation(dot)org

About WCPE:

Since 1978 WCPE 89.7 FM has been dedicated to excellence in Great Classical Music broadcasting. WCPE is one of the first community-supported stations to stream on the Internet. The programming is available on our own satellite channel and on multiple Internet streams, including IPv6. WCPE receives no tax-derived support, rather depends on tax-deductible support through on-air fundraising and mail-out campaigns. More information can be found at http://www.TheClassicalStation.org or by calling 919-556-5178.

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Point Made: How to Write Like the Nation’s Top Advocates Reviews

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Point Made: How to Write Like the Nation’s Top Advocates

With Point Made, legal writing expert Ross Guberman throws a life preserver to attorneys, who are under more pressure than ever to produce compelling prose. What is the strongest opening for a motion or brief? How to draft winning headings? How to tell a persuasive story when the record is dry and dense? The answers are “more science than art,” says Guberman, who has analyzed stellar arguments by distinguished attorneys to develop step-by-step instructions for achieving the results you want.
The author takes an empirical approach, drawing heavily on the writings of the nation’s 50 most influential lawyers, including Barack Obama, John Roberts, Elena Kagan, Ted Olson, and David Boies. Their strategies, demystified and broken down into specific, learnable techniques, become a detailed writing guide full of practical models. In FCC v. Fox, for example, Kathleen Sullivan conjures the potentially dangerous, unintended consequences of finding for the other side (the “Why Should I Care?” technique). Arguing against allowing the FCC to continue fining broadcasters that let the “F-word” slip out, she highlights the chilling effect these fines have on America’s radio and TV stations, “discouraging live programming altogether, with attendant loss to valuable and vibrant programming that has long been part of American culture.”
Each chapter of Point Made focuses on a typically tough challenge, providing a strategic roadmap and practical tips along with annotated examples of how prominent attorneys have resolved that challenge in varied trial and appellate briefs. Short examples and explanations with engaging titles–”Brass Tacks,” “Talk to Yourself,” “Russian Doll”–deliver weighty materials with a light tone, making the guidelines easy to remember and apply.

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