As Texas faces a long recovery from Harvey, IRS, like a good neighbor, is there to help.
It’s seven months into President Trump’s term and talk of tax reform is heating up again. Will comprehensive tax reform be enacted? Don’t rule it out. Congressional GOP leaders and White House officials are holding regular meetings to discuss facets of a major overhaul of the tax system. They will unveil a detailed plan after the August recess. During their time at home, Republican lawmakers hope to drum up support from their constituents. Business groups are using a full-court press to urge Congress to get it done.
GOP tax writers and their staff are busy working on a proposal for overhauling the federal tax system, which they expect to release after the August recess.
The IRS and many state taxing authorities now recommend that taxpayers use their driver’s license number to provide another layer of security when electronically filing federal and state tax returns. A few states, notably Alabama, New York, and Ohio are requiring a driver’s license number or and equivalent for personal income tax returns.
Protecting Wealth from the Ravages of Long Term Health Care Events
As the American population ages, interest in the topic of long term care is surging. People eventually realize, albeit reluctantly, that they may require care at some point. Some, are motivated to research the topic after seeing a family member, or other loved-one, who has experienced a devasating health care event. Continue reading “Long Term Care Funding”