For Advisors
Monday April 29, 2024
Advisor Resources
We have a complete tax update service for CPAs, attorneys, CFP®'s, CLUs, 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-2024-116, the Internal Revenue Service (IRS) outlined ways that late tax filers could comply with filing and payment rules.
While over 139 million taxpayer returns were filed this year, there are some individuals who may have neglected to file because they were not able to pay their full tax bill.
The IRS encourages these taxpayers to file and start making as many payments as possible. Taxpayers who file and start to make payments can reduce their late-filing penalties and
interest.
The IRS explains that there are five main options for making tax payments.
Direct Pay - Taxpayers may make payments directly from a checking or savings account. There is no cost for this service, and the payments may be scheduled up to 365 days
after the amount is initially due. Taxpayers will receive an email confirmation for these payments.
Electronic Federal Tax Payment System (EFTPS) - Individuals or businesses making large payments may use the EFTPS. This allows up to five payments per day. Taxpayers may
enroll and schedule payments up to 365 days in advance.
Electronic Funds Payment - A...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
Quentin was the firstborn child in a large family. Throughout his childhood, Quentin's parents worked hard to put food on the table for their children. They
also instilled in Quentin the value of hard...More |
Private Letter Ruling
Organization applied for exempt status under Sec. 501(c)(3). Organization states that it is organized and operated to enlist collegiate student athletes
from a particular university's sports teams to...More |
Article of the Month
Individuals who want to start a business have several options for structuring their enterprise. As individuals explore the various possibilities, they often weigh factors like tax implications,...More |
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