Student Groups

For Advisors

Saturday April 30, 2016

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.
More
Obamas and Bidens Publish 2015 Tax Returns
Washington News
Each year President Obama and Vice President Biden publish their tax returns. For 2015 President and Mrs. Obama paid $81,472 in federal tax on total income of $436,065. The salary of the President set by Congress is $400,000. The tax rate of President and Mrs. Obama is approximately 18.7% of their income. President and Mrs. Obama gave $64,066 to 34 charities. This represents about 14.7% of their adjusted gross income. While most gifts were $1,000 or $1,500, some charities received larger transfers. The Fisher House, which provides housing for families of injured veterans who are in VA hospitals, received a gift of $9,066. The Beau Biden Foundation, named after the deceased son of Vice President Biden,...
More
Charitable Tax Reference
GiftLaw Pro
GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...
More
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...
View Presentation
Case of the Week
Karl Hendricks was a man with the golden touch. Throughout his life, it seemed every investment idea that he touched turned to gold. By far, Karl was most successful with real estate investments....
More
Private Letter Ruling
Taxpayer is a corporation, and as such is prohibited from contributing to federal election campaigns. Taxpayer established a political action committee (PAC) funded by its employees. PAC disburses...
More
Article of the Month
Charitable lead trusts have become more attractive as an estate and income tax planning tool. The reason for this is the historically low Section 7520 rates (Applicable Federal Rates or AFRs). In...
More
scriptsknown