What you need to know now for your taxes

May 13, 2013 — This week on For Your Benefit, attorney Tom O’Rourke joins host Bob Leins to discuss tax planning as it relates to all taxpayers now.

O’Rourke is a principal with the law firm Miles and Stockbridge, P.C.

His practice focuses on tax matters involving estate planning and administration, and pension issues.

He works with clients to assist in meeting their business and financial objectives in the most tax-efficient manner.


The discussion contains two distinct points of view — the CPA approach to taxes and the lawyer’s legal approach.

Together they examine:

  • Why the best time to plan for taxes is before year’s end;
  • How last year’s tax law change will affect your 2013 return;
  • Why estate planning is important for everyone, not just for the wealthy;
  • What are some common, but often overlooked, deductions;
  • How to best deal with IRS letters.