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Sunday September 26, 2021
Our News
Thank you for your interest in Turning Point for God. Our hope is to serve you and your family with helpful information.More |
Savvy Living
What are the rules regarding inherited IRAs? When my mom died this year, I inherited her traditional IRA and would like...More |
Washington News
In a September 17 letter, the Internal Revenue Service explained how both individuals and businesses may receive additional benefits for charitable gifts this year. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 included four temporary tax benefits to encourage charitable gifts. These benefits include deductions for individuals who do not itemize, a 100% AGI limit for itemized charitable cash gifts by individuals, increased corporate charitable deductions and increased limits for businesses that donate food inventory.
1. Non-itemizer Taxpayers — Because the Tax Cuts and Jobs...More |
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Personal Planner
The 401(k) is rapidly becoming the most popular qualified retirement plan. More than 90% of large companies now offer a...More |
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