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Monday May 25, 2015

Advisor Resources
Advisor Resources
We have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations.
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Highway Bill Extended to July 31
Washington News
After 33 prior temporary plans for the Highway Trust Fund, on May 19, the House voted 387-35 in favor of another two month extension. There is no new funding in the bill, but the existing highway development projects will continue using available trust funds. The Highway and Transportation Funding Act of 2015 (H.R. 2353) was jointly introduced by House Transportation and Infrastructure Committee Chair Bill Shuster (R-PA) and Ways and Means Committee Chair Paul Ryan (R-WI). Ryan and Schuster jointly stated, "This legislation will allow transportation spending to continue through July, while we work towards a next step to close the Trust Fund's shortfall. Doing so will require our colleagues on both sides of...
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Charitable Tax Reference
GiftLaw Pro
GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...
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Deduction Calculator
Deduction Calculator
The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for your favorite gift plan...
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Case of the Week
Brandon Bigtop loves his truck, which he affectionately named "the Beast." It was a gift for Brandon's eighteenth birthday. It is painted bright red and is two tons of metal, muscle and noise....
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Private Letter Ruling
ORG was formed as a Sec. 501(c)(3) public charity to encourage, support and maintain nonprofits advancing health and health research related issues, education and the arts, relief of suffering, etc....
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Article of the Month
There are significant tax advantages and great opportunities for individuals who make a planned gift using a farm or farmland. Given that the value of farmland has increased significantly over the...
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