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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
With a Senate vote of 71 to 28 and a House vote of 240 to 186, a two-year budget bill for the federal government passed on Friday, February 9. The bill expands federal spending by over $300 billion during 2018 and 2019.
The compromise increases federal spending caps by $143 billion this year and $153 billion in 2019.
The Department of Defense budget is increased by $80 billion this year and $85 billion in 2019. Domestic spending expands by $63 billion this year and $68 billion in 2019.
The domestic spending increases this year are targeted in specific areas. $10 billion will be spent on roads, bridges, waterways and other infrastructure. This bill designates $3 billion to be used to reduce the number of lives... More
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
Abigail Green was a wonderful and spirited 80-year-old woman. Even in her advanced age, she worked in her garden, handled all of her finances and played golf each weekend. In addition to her busy... More
Organization was formed as a qualified charitable trust in year X. It was to be operated exclusively as a grant-making foundation, as defined in Sec. 4942. Grants were to be made to other qualified... More