Malvern, PA – , recently joined Hoover Financial Advisors as a senior tax advisor. His appointment was announced by Peter K. Hoover, CFP, president and HFA founder. “We are delighted to have someone with such impressive credentials on our team,” says Hoover. “He is an asset for clients, particularly seniors.”
Furey’s primary duties are to help HFA clients with tax planning and preparation. His expertise concerning executive compensation tax implications, stock options and restricted stock, 401(k), pension plans and employee benefits is essential in guiding clients to financial goals and comfortable retirement. In addition, Furey’s knowledge of the intricacies of incentive programs and deferred compensation is beneficial in the tax planning process. He is a volunteer preparer through the AARP tax aide program. “I enjoyed learning how to apply HFA’s state-of-the-art software to my job. I first came here as a seasonal tax preparer and it evolved into an exciting and challenging year ‘round position,” concludes Furey.
Furey was an executive for Campbell Soup Company for more than 25 years. He served as vice president and corporate secretary for 18 years and received Campbell’s prestigious Influence with Honor leadership award. He holds a bachelor’s of science degree in business administration from Villanova University. He earned a doctor of jurisprudence and master of laws in taxation from Villanova, as well. Furey and his wife Jill reside in Villanova.
HFA, which is headquartered on Moores Road in Malvern, was launched in 2005 by Hoover, who has been an independent financial advisor for more than 30 years. Since its inception, HFA has tripled in size. Employees include client relationship managers, financial planners, insurance and tax specialists, investment analyst and an information services manager. Two years ago, HFA was selected as 2012 Small Business of the Year by Chester County Chamber of Business & Industry. For more information, visit its website at www.petehoover.com or call 610.651.2777. To reach Furey, call the tax department at 610.651.2777 (Ext. 123).
Editor’s note: I bet there are all kinds of cost cutting measures that could be utilized before screwing over the taxpayers!
HARRISBURG – Conservative state lawmakers who are wary about plans to raise taxes or fees to boost transportation spending raised the prospect Wednesday that they will insist first on major changes, such as abolishing the Pennsylvania Turnpike Commission, to make public money go further.
The House Republican majority will be under pressure in the 10 weeks before the Legislature departs Harrisburg for the summer to make the case against a massive transportation funding plan. Supporting such plans are leading senators from both political parties, Republican Gov. Tom Corbett and a slew of groups from the Pennsylvania Chamber of Business and Industry to the AARP.
Even one member of the House Republican leadership acknowledged that there is tremendous pressure on the issue.
“I don’t think we thought there was going to be this much momentum for transportation,” said Rep. Mike Vereb, R-Montgomery, the caucus secretary.
There will be an AARP meeting this Friday afternoon, April 12, 2013, at 1:30PM, at Hopewell Community Church, 1130 Commerce Drive (Route 100 & State Street), Pottstown, PA 19464. Location and Map, via MapQuest.
This month our special guest will be Secretary Brian Duke, Secretary of Aging for the Commonwealth of Pennsylvania. Mr. Duke is expected to arrive around 2:00PM
Hope to see you there and please feel free to bring your relatives, friends and/or neighbors.
WASHINGTON — Seeking an elusive middle ground, President Barack Obama is proposing a 2014 budget that embraces tax increases abhorred by Republicans as well as reductions, loathed by liberals, in the growth of Social Security and other benefit programs.
The plan, if ever enacted, could touch almost all Americans. The rich would see tax increases, the poor and the elderly would get smaller annual increases in their benefits, and middle income taxpayers would slip into higher tax brackets despite Obama’s repeated vows not to add to the tax burden of the middle class. His proposed changes, once phased in, would mean a cut in Social Security benefits of nearly $1,000 a year for an average 85-year-old, smaller cuts for younger retirees.
Obama proposed much the same without success to House Speaker John Boehner in December. The response Friday was dismissive from Republicans and hostile from liberals, labor and advocates for the elderly.
But the proposal aims to tackle worrisome deficits that are adding to the national debt and placing a long-term burden on the nation, prompting praise from independent deficit hawks. Obama’s budget also proposes new spending for public works projects, pre-school education and for job and benefit assistance for veterans.