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News

Thursday January 17, 2019

Washington News
IRS Will Pay Tax Refunds During Shutdown
In IR-2019-1, the Service stated it would open the tax-filing season on January 28, 2019. With the continuing government shutdown, many CPAs and tax preparers were concerned that the IRS might delay the processing of 2018 income tax returns. If tax return processing does not begin by January 28, tax refunds could be delayed. The average tax refund for 2017 was $2,763. IRS Commissioner Chuck Rettig pledged to process returns and issue refunds even if the shutdown continues. He stated, "We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I...
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Personal Planner
Trusts for Creative Spenders
Trusts can be quite useful for protecting children. However, for some children, the trust serves an additional function:...
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Savvy Living
Smart Home Devices That Can Help With Aging In Place
I recently read an article about how "smart home" devices can help with aging in place. What types of smart home...
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