Wednesday July 30, 2014

News

Your Family Letter - Memorial Services
Your Family Letter - Memorial Services
A family letter is a key part of a good estate plan. It is much more personal than many of your estate documents. A family letter...
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Savvy Living - Low-Cost and Free Cell Phone Options for Seniors
Low-Cost and Free Cell Phone Options for Seniors
What are the cheapest cell phone options available today to seniors living on a shoestring budget? I only need it for...
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Washington News - House Passes Single Higher Education Credit
House Passes Single Higher Education Credit
With a vote of 227-187, the House passed the Student and Family Tax Simplification Act (H.R. 3393). The bill proposes to combine all of the higher education tax credits into a single credit. It was co-sponsored by Rep. Diane Black (R-TN) and Rep. Danny K. Davis (D-IL). The single credit in the bill replaces the existing above-the-line tuition deduction, the HOPE credit, the lifetime learning credit and the American Opportunity Tax Credit. The single credit has a limit of $2,500 per year for up to four years with a total benefit of $10,000. The bill creates a modified American Opportunity Tax Credit for higher education. One hundred percent of the first $2,000...
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