Friday April 26, 2024

News

Personal Planner - Gifts with Life Income
Gifts with Life Income
Many friends of charity have acquired appreciated property over time. A great way to use this appreciated property is for a charitable gift. A donor of appreciated property receives a charitable tax...
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Savvy Living - Choosing a Retirement Community
Choosing a Retirement Community
Can you help me find retirement communities that offer a range of housing options and care services, from independent living to nursing home care? I plan...
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Washington News - No IRS Victory Lap on Direct File
No IRS Victory Lap on Direct File
On April 16, IRS Commissioner Daniel Werfel spoke before the Senate Finance Committee. Werfel discussed the completion of the tax filing season on April 15 and the new Direct File option available to taxpayers in 12 states. Werfel noted, "There is no victory lap here. There is a lot more work to do.” While Werfel was not ready to announce the next steps for the Direct File program, the IRS is completing a review and will release a more complete plan in the near future. A major project for the IRS is to improve and update the information...
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