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Wednesday January 18, 2017

News and Events

Our News and Events
Exciting events are happening at OU
Join us for one of our upcoming seminars offering valuable estate and financial planning information.
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Personal Planner - Trusts for Creative Spenders
Trusts for Creative Spenders
Trusts can be quite useful for protecting children. However, for some children, the trust serves an additional function: It protects the principal from being rapidly spent by a child. These trusts...
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Savvy Living - Tax Help for Caregiver of Elderly Parents
Tax Help for Caregiver of Elderly Parents
Are caregiving expenses tax deductible? I provide a lot of financial support to my elderly mother and would like to find out if I can write any of it off on my taxes. There are actually several tax...
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Washington News - Top Seven 2016 Tax Law Changes
Top Seven 2016 Tax Law Changes
In FS-2017-1 the IRS published a summary of seven tax changes. Many of these changes will impact some of the 153 million Americans who file tax returns during 2017. The significant tax changes include the following: 1. Three Extra Days – The tax filing deadline is delayed due to April 15 falling on a weekend and Emancipation day in Washington, DC. Returns may be filed until April 18, 2017. If you extend six months, the return will be due October 16, 2017. 2. Refund Delays – If you file early and claim the Earned Income Tax Credit (EITC) or Added Child Tax Credit (ACTC), the IRS must hold your refund until February 15. The first refunds for filers who claim these credits is expected to be the week of February 27. 3. Renewing...
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