News

Thursday April 18, 2019

Family Limited Partnerships
Personal Planner
A family limited partnership (FLP) is usually created by a husband and wife. It has several purposes. An FLP can save...
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How SSI Can Help Low-Income Seniors and the Disabled
Savvy Living
What can you tell me about the Supplemental Security Income program and what are the eligibility requirements? My father has a very low income, so I am wondering if this is something he may qualify for. Supplemental Security Income (or SSI) is a program administered by the Social Security Administration that provides monthly cash benefits, based on financial need, to people who are disabled or over age 65. Currently, more than 8 million people are receiving SSI benefits. Here are some things you should know. Eligibility Requirements To qualify for SSI, your dad must be age 65 or older, blind or disabled and have limited assets and income. He must also be a U.S. citizen or lawful resident....
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Last-Minute Tax Filing Help
Washington News
In IR-2019-67, the Service urged taxpayers to use www.irs.gov for last-minute tax assistance. Tax-filing day is April 15, 2019 (or April 17 for Maine and Massachusetts due to holidays). The IRS offers five filing tips for last-minute taxpayers. View Your Account Information — You can go online and log in to your IRS account. On that account, you can view your amount owed, pay online and even set up your online payment agreement. Go to IRS.gov/SecureAccess to view the authentication methods. IRS YouTube — The IRS has extensive videos that explain how to file for an extension, how to avoid common filing errors and the different tax payment options. IRS videos have been viewed...
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