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Thursday February 11, 2016

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 - Life Insurance - Costs and Benefits
Life Insurance - Costs and Benefits
Let's look at the "top five" reasons people give for not owning life insurance. 1. Too Expensive. "I just cannot afford life insurance right now." 2. Confusing. "We looked at proposals from three...
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Savvy Living - Financial Paperwork: What to Keep, What to Toss
Financial Paperwork: What to Keep, What to Toss
How long should a person hang on to old receipts, stock records, tax returns and other financial documents? I have accumulated boxes full of such papers over the years and would like to get rid of...
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Washington News - IRS Tax Tips for 2015 Returns
IRS Tax Tips for 2015 Returns
In FS-2016-8 the IRS outlined seven tax tips helpful for filing your 2015 tax return. There are many new provisions and changes that may affect your tax return. 1. Timing – Because April 15 is Emancipation Day in Washington, the normal deadline for most taxpayers is Monday, April 18. However, due to Patriots’ Holiday in Maine and Massachusetts, residents of those states may file until Tuesday, April 19. 2. Tax Benefits – The Protecting Americans from Tax Hikes (PATH) Act passed in December of 2015. It extended and made permanent a number of tax benefits. If you itemize deductions, you may deduct your state and local sales taxes rather than state and local income taxes. Nonbusiness energy property such as energy-efficient...
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