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Paul M. Tambe, CPA – President, Employee Benefits
Paul joined Brady Ware in the fall of 2003 as President of Brady Ware Employee Benefits.
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Paul brings close to 20 years of experience in employee benefits consulting including both fully insured and self insured programs. He helps companies select, implement, and administer retirement and employee benefit plans, as well as analyze existing employee compensation packages. By recognizing tax–saving opportunities and keeping current with tax law changes, he works to improve existing plans and to make them as cost effective as possible. Paul has developed an extraordinary expertise in the employee benefits area as a specialty service to our clients.
Paul graduated cum laude from State University College in Brockport, New York and is a licensed CPA.
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2008 Tax Law Changes
- SECTION 179 maximum deduction increases to $250,000. Phase-out threshold increases to $800,000.
- STANDARD MILEAGE RATE for business driving increases to 50.5¢ a mile. Rate for medical and moving mileage decreases to 19¢ a mile. Rate for charitable driving remains at 14¢ a mile.
- ESTATE TAX top rate remains at 45%, and the exemption amount remains at $2 million. The ANNUAL GIFT TAX EXCLUSION remains at $12,000.
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