Thank you for your interest in helping further the work and mission of the EFCA through gift planning. Our hope is to serve you and your family with helpful information.
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My parent, who has dementia, recently moved into an assisted living facility that does not allow pets. I am thinking...
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The Treasury Department and the Internal Revenue Service (IRS) recently issued guidance regarding the new child IRA accounts, also known as "Trump Accounts." In Revenue Procedure 2026-25, the IRS created a gift tax reporting safe harbor that eliminates a significant administrative concern surrounding contributions to these accounts. According to the guidance, qualifying contributions by individuals to these accounts will not require the filing of a federal gift tax return, provided certain conditions are satisfied. This guidance is intended to reduce compliance burdens on parents,...
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Bill: "Every year I pay income tax. And when I pass away my estate will owe tax. But I was absolutely stunned today...
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