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Tax Act

SOUTHBURY — “Understanding the Tax Relief Act of 2001” is the title of a lecture that will be given by Paul Fitzpatrick, CPA, on Friday, August 17, at 10:30 am at East Hill Woods, 611 East Hill Road, Southbury.

The lecture will focus on matters that directly or indirectly relate to retirees. Some of the provisions that will be discussed include the new federal personal income tax rates, estate and gift tax changes, new IRA and IRA rollover minimum distribution requirements, new rules relating to IRA beneficiary designations, and special provisions relating to college funding for children and grandchildren.

Paul Fitzpatrick received his BS degree in accounting from Fairfield University and has been licensed as a CPA in Connecticut since 1982. He took over his retiring father’s accounting practice in Naugatuck in 1984 and opened a second office in Southbury. Mr Fitzpatrick, his partner Matthew Glatt, and their staff continue to operate both accounting offices.

The lecture is open to the public free of charge. Call 203-262-6161 to attend.

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