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News

Wednesday February 19, 2020

Gifts of Cash
Personal Planner
Many people use their annual gift exclusion as part of an overall estate planning strategy. Sara: "We had a pretty good...
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Early Signs of Parkinson's Disease
Savvy Living
What are the early warning signs of Parkinson’s disease? I was just diagnosed with it after noticing hand tremors for nearly a year, but looking back, I am wondering if I missed any other early warning signs. As with any progressive disease, early diagnosis is important to start effective treatment before irreversible damage has occurred. Recognizing the early warning signs of Parkinson’s disease is challenging because they are usually subtle and can be easily overlooked, dismissed or even misdiagnosed. Parkinson’s disease, which afflicts around one million Americans, is a degenerative disorder that occurs when the brain’s dopamine-producing neurons die or become...
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Peak IRS Filing Season after Presidents Day Holiday
Washington News
The two weeks after Presidents Day is usually peak IRS filing season. The IRS reports that the number of tax returns and refunds is down slightly from last year. As of February 7, 2020, the IRS had issued 10.83 million refunds. This is down from the 11.38 million refunds issued at this time last year. The total refunds issued were $21.16 billion, down 4.6% compared with $22.18 billion distributed by February 8, 2019. However, the average refund was slightly higher. The average refund as of February 7, 2020, was $1,952. This is up from $1,949 at this time last year. Most tax returns so far have been e-filed. Self–preparers e-filed approximately 17.18 million returns as of February 7....
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