East Side Monthly May 2012

Page 23

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Uncertain times call for smart taxcall strategies Uncertain times for smart tax strategies es children that their decisions have consequences.” It’s clear that the instruction at CMC is making young chess players better, which is best measured by the chess rating system, a scale from zero to around 2600. The higher, the better. At a Wednesday training session, some of the kids, whose ages ranged from nine to 12, described their ratings improvement: Ryan Perrett improved from 400 to 1200, Cale McCormick from 472 to 1500, Niloy Singh from 500 to 1550 and Grant Whitney from 200 to 1300. To put things in perspective, SammourHasbun, who, at age 14, became the youngest senior master in US history (a feat which requires a minimum rating of 2200) likely has a current rating in the 2400 to 2500 range, owing to his status as an international chess master. But the benefits aren’t limited to chess, which - it seems - has taught them life lessons as well. Perrett says it’s taught him to think strategically, McCormick says it’s taught him logic, which has improved his math abilities, Singh says it’s taught him patience, and Whitney says it’s taught him problem solving. Ten-year-old Yooney

Kim, who recently won the state championship, says he’s learned how to strategize. Sammour-Hasbun says that parents tell him how their children’s grades have improved during their time at CMC. “Chess,” he says, “teaches children how to win, lose, focus and set goals.” Sammour-Hasbun started CMC in 2007 when he taught chess in an after school program in East Greenwich. He quickly found himself teaching chess in several local elementary and middle schools. About 10% of the kids enrolled in these programs wanted to compete, he tells me, but the infrastructure was lacking: there was no space for these kids to come together to practice and play with the best. This lead him, in 2011, to lease the office in Wayland Square and set up a chess academy, a space where local children could come for instruction and competition. He said: “It’s about building a chess culture here in Rhode Island.” Chess Master Connections is located at 201 Wayland Square. For private lessons, contact jsammourh@chessmasterconnections.org or 497-8366. www. chessmasterconnections.org.

I can help financialfuture futurewith withtax-wise tax-wise strategies. I can helpyou youtake takecontrol control of of your your financial strategies. That means finding smart ways to manage how much you’ll pay in taxes That means finding smart ways to manage how much you’ll pay in taxes — — now and through now and throughretirement. retirement.

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Financial does nottax provide taxadvice. or legalConsult advice. your Consult tax or advisor or attorney. AmeripriseAmeriprise Financial does not provide or legal tax your advisor attorney. Ameriprise Member FINRA FINRA and andSIPC. SIPC.©©2012 2012 Ameriprise Financial, All rights AmeripriseFinancial FinancialServices, Services, Inc. Member Ameriprise Financial, Inc.Inc. All rights reserved. reserved.

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