Friday April 20, 2018

News

Personal Planner - Family Limited Partnerships
Family Limited Partnerships
A family limited partnership (FLP) is usually created by a husband and wife. It has several purposes. An FLP can save estate taxes and permit transfers to family members. While it is uncertain what...
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Savvy Living - How to Replace Vital Documents that are Lost or Stolen
How to Replace Vital Documents that are Lost or Stolen
Can you tell me how to go about replacing important lost documents? My wife and I recently downsized and at some point during the move we lost our Social...
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Washington News - Ten Ways to Reduce Tax Return Errors
Ten Ways to Reduce Tax Return Errors
In IR-2018-86, the Service offered 10 tips for avoiding "common tax return filing mistakes," as the April 17 tax return deadline approaches. These apply especially to taxpayers rushing to file before the deadline. File Electronic Returns - An electronic return is substantially safer than a paper return. Tax preparation software will calculate your tax and warn you about common errors. If you are missing information, the software will prompt you to provide the missing information in order to complete the return. Paper Return - If you file...
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