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Planned Giving
News
Sunday January 29, 2023
Savvy Living
I know the fall open enrollment period has passed but I heard there are other times of the year when beneficiaries can...More |
Washington News
In IR–2023–12 the Internal Revenue Service (IRS) reminded taxpayers to report all digital asset income on their 2022 income tax returns.
All taxpayers must answer a digital asset question on IRS Form 1040. The IRS has expanded and clarified instructions with respect to the question. The question asks, "At any time during 2022, did you: (a) receive (as a reward, award or payment for property or services); or (b) sell, exchange, gift, or otherwise dispose of a digital asset (or a financial interest in a digital asset)?"
Digital assets include cryptocurrency, stablecoins or...More |
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Personal Planner
Trusts are an excellent way to provide for the support and care of children while protecting them. Two important reasons...More |
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