For Advisors
Monday January 17, 2022
Advisor Resources
We have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations.More |
Washington News
In IR-2022-8, the Internal Revenue Service announced that tax season will start on Monday, January 24, 2022. On that date, the IRS will begin to accept and process tax returns. The delay is needed in order to program and test the IRS computers, which are being updated to ensure calculation of the proper Child Tax Credit and Recovery Rebate Credit.
IRS Commissioner Chuck Rettig stated, "Planning for the nation's filing season process is a massive undertaking and IRS teams have been working nonstop these past several months to prepare. The pandemic continues to create challenges, but the IRS reminds people there are important steps they can take to help ensure their tax return and refund do not face processing delays. Filing electronically with direct deposit and avoiding a paper tax return is more important than ever this year. And we urge extra attention to those who received an Economic Impact Payment or Advance Child Tax Credit last year. People should make sure they report the correct amount on their tax return to avoid delays."
You will want to gather all of your...More |
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GiftLaw Pro
GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...More |
Deduction Calculator
The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for your favorite gift plan...View Presentation |
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Case of the Week
Karl Hendricks was a man with the golden touch. Throughout his life, it seemed every investment idea that he touched turned to gold. Karl's passion was real estate, and he was very successful in his...More |
Private Letter Ruling
Organization requested and was recognized as exempt from federal income tax under Sec. 501(c)(4). Organization was incorporated to function as a homeowners' association. Organization's Articles of...More |
Article of the Month
Retirement assets can be an excellent source of gifts to charity with favorable income tax results for the donor. Lifetime gifts of IRA funds may be especially valuable when donors are approaching or...More |
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