As we noted in our June newsletter, there was a possibility of potential law changes in 2019.
For hundreds of years, across all cultures and lifestyles, philanthropy has been an integral part of society, forging the way for great educational and art institutions, human service organizations, and many neighbors giving their communities an extra hand. Today, those who choose to give to charity do so in new ways and for a variety of reasons. While the end goal has remained the same – positive, charitable impact – the road to get there now requires a commitment to intentional, thoughtful, well – planned giving.
Another April 15th has arrived. It’s hard to believe I have been doing this for 17 “spring seasons.” If you are confused by the sentence, I was too in my first year out of college.
For families with children under age of 18 as of December 31, 2017, the sate of Wisconsin is giving parents $100 for each child.
We Americans are a giving people. For 2016, $390 billion was donated to charity. Individuals (as opposed to foundations and corporations) donated $282 billion of the $390 billion (72%).
Summary information related to the recent Tax Law changes.
As we begin the final two calendar months of the year, individuals and families start to wrap up their financial year.
Most Americans have recently completed or are in the process of completing the annual chore of submitting their individual income tax returns to the appropriate government entities. No matter your current economic situation, many people find this a complicating and confusing process. By the time the returns are filed, exhaustion has most likely set in. It does not matter whether you are just collecting the information or actually preparing the returns, this can be a tiring experience.
Here at McCarthy Grittinger Financial Group we understand that tax season can be a stressful time of year. It’s annoying and, for many, expensive. But despite its unpopularity, some people are determined to make it even worse: tax scammers. Wherever there is money, there is someone willing to steal it. Tax season provides thieves with several opportunities to fleece people who are just trying to do their civic duty. There have been some recent news stories already this year about IRS-impersonators calling taxpayers and we feel it is important for our clients to understand the issues at hand. Fortunately, being …
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