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News

Thursday May 25, 2017

Washington News
46% Reduction in IRS Identity Theft Reports
On May 18, IRS Commissioner John Koskinen spoke to the Council for Electronic Revenue Communication Advancement (CERCA). He called the 2017 filing season "the smoothest filing season since I became Commissioner." By May of 2017, the IRS received 139 million returns. Over 152 million are expected by the October 16 tax extension filing date. The IRS issued 101 million refunds, with an average payout of approximately $2,800. Koskinen thanked the CERCA members for helping to support the IRS Security Summit. With the help of companies that provide tax-filing software and services, there has...
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Personal Planner
Important Life Decisions
"How can I plan?" asked Mary. "We just sold our home and bought a retirement condo. Our older child just moved across...
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Savvy Living
Health Coverage Options for Pre-Medicare-Age Spouses
My wife, who is 62, is on my health insurance plan through my employer. When I retire in a few months at 65, and go on...
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