April is the Cruelest Month. Or is it?

Snow-Capped Continental Divide Looms over Main St. Frisco. Shared from Town of Frisco’s Facebook Page
April is the cruelest month, according to T.S. Eliot. But not if you live in the high country and like shoveling snow — or filing your taxes. Fifty inches of April snow saved us from a repeat of last year’s extraordinary early fire season. But nothing can spare us from the need to learn about the recent changes in the tax code. In this issue, I highlight the provisions of ATRA and outline a few planning ideas for both lower and higher bracket taxpayers.
In addition, there’s a commentary on the recent PBS Frontline show about the state of retirement readiness and the role of the popular 401(k) plan.
Also included are both a summary and more detailed review of the first quarter’s continued strong market performance.
Wishing you all a pleasant spring,
Steven R. Smith
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