Financial Impact of Elections

It is finally Election Day today. After a really long campaign, the American people will elect a new President – either Barack Obama or John McCain. Entrepreneurs will be watching closely as the new President and Congress will dictate the fiscal policies in the coming years. The financial impact of such policies could be significant to Entrepreneurs.

It might be time to seriously review your tax situation before the end of 2008. For example, taxes on dividends might increase next year making it prudent to consider declaring them this year.

We will be monitoring the potential impact of the new administration and Congress on Entrepreneurs. Please periodically review our website at www.patelCFOservices.com

Ravi Patel