The Tax Practice is a tax services and investment advisory company serving the needs of individuals, small businesses, estates, and trusts. The firm occupies a unique niche by offering tax and financial planning services with integrated portfolio management. We currently support clients in nine states, the Middle East, Europe, and Asia.

Our Web site is organized to introduce you to our firm and professional services we provide. Newsletters, FAQs, organizers and investment pages are offered for educational purposes.

New tax leglislation! Congress approved tax relief for first time home buyers and existing homowners who purchase a new residence. New homeowners may now qualify for a tax credit equal to 10% of the home purchase price up to a maximum credit of $8,000.  This is available for purchases completed no later than June 30, 2010.  The credit phases out for individual taxpayers with income between $75,000 and $95,000 ($150,000-$170,000 for joint filers) for the year of purchase. After November 7, 2009, the income constraints are raised to $125,000 and $145,000 ($225,000-$245,000 for joint filers). For existing homeowners a new $6,500 tax credit is available beginning December 1, 2009 for the purchase of a primary residence valued at no more than $800,000. If you sign a contract to purchase a home in 2010, the signing has to occur by April 30th with a closing date no later than June 30th.

Tax relief is greatly enhanced for employees with unrecovered AMT tax credits. See our tax tips for details.

Office hours: Monday-Friday 10:00 am-5:00 pm.

The Tax Practice, Inc. is a Registered Investment Advisor licensed by the Securities Exchange Commission; Fidelity Investments serves as asset custodian and broker/dealer for the Tax Practice. Details of our investment management/planning services and related disclosures are provided in The Tax Practice Inc Form ADV Part I and Part II. Advisory services are offered pursuant to an investment management advisory agreement. Lower fees for comparable services may be available from other sources. Prior investment results may not be indicative of future performance. The Securities Investor Protection Corporation (SIPC) does not protect against a decline in the market value of securities. These statements have not been approved or verified by any governmental authority.