916-886-5699

2100 Douglas Blvd, Roseville, CA

Estate Planning, Charitable Giving
And The Northern California Conference

The Planned Giving Department provides information to individuals that will assist them in using gift planning documents such as Wills, Trusts, Gift Annuities, Power of Attorney and Health Care Directives; that will provide for and protect family members and support God's work in Northern California and beyond.

Our department has received the highest possible accreditation by the North American Division of the General Conference of Seventh-day Adventists and certification for all of our planned giving professional staff. We are committed to assisting you with helpful information regarding the best way for you to benefit through a planned gift and to assist you with planning for the distribution of your estate. Please give us a call at 916-886-5699 and we will be happy to assist you.

Read More
Text Resize
Print
Email
Subsribe to RSS Feed

Wednesday February 19, 2020

Washington News

Washington Hotline

Peak IRS Filing Season after Presidents Day Holiday

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. This is up 3.5% compared with last year.

Tax professionals e-filed 10.59 million returns as of February 7, 2020. This number is down 3.7% compared with last year.

In IR-2020-30, the IRS offered tax tips and urged taxpayers to avoid the late February tax rush.
  • IRS.gov to Track Refunds - The IRS reports that nine out of ten refunds are issued within 21 days. You can use the “Where's My Refund?” tool on IRS.gov or the IRS2Go app to check your refund status. You also can call the IRS refund hotline at 800–829–1954.
  • Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) - If you qualify for the EITC or ACTC, you also may use the "Where's My Refund?" tool to track refunds. The EITC and ACTC refunds cannot be issued before February 15. Most of these refunds will be available by the first week of March.
  • Tax Help or Tax Questions - If you have questions about taxation, there are multiple tools on IRS.gov that will help you. You can use the Interactive Tax Assistant, Tax Topics, Frequently Asked Questions or Tax Trails for quick and useful answers.
  • Free Tax Software - The IRS Free File program is available for taxpayers with 2019 incomes under $69,000. If you are a taxpayer who qualifies, go to IRS.gov and select a Free File software program to complete your taxes.
  • Trusted Tax Professional - If you would like help finding a tax professional, visit IRS.gov. There is guidance on how to select a qualified tax professional on IRS.gov/chooseataxpro.

Published February 14, 2020
Print
Email
Subsribe to RSS Feed

Previous Articles

IRS launches Identity Theft Central

IRS Launches 2020 Tax Filing Season

IRS Provides a Tax Preparation Tip

Free File for 2019 Tax Returns

Gig Economy Tax Center Launched

scriptsknown

Power of Attorney

If you want to be sure that a person you trust will be able to make decisions for you when you are unable to do so, you can create a power of attorney agreement for healthcare or finances. A power of attorney for healthcare allows a person (known as your agent) to make decisions about the medical care you will or will not receive. A power of attorney for finances allows your agent to manage your financial affairs. Your agent must make decisions consistent with what they know your wishes are, even if they personally disagree. If they do not know your wishes on a particular matter, they must act in your best interest. You can give your agent broad authority to make decisions related to your financial or health care needs, or you can limit their authority to certain types of decisions. Depending on your needs, we can help you create a power of attorney agreement that will be active immediately, will go into effect if you become incapacitated, or will only be in effect for a limited time or under specific circumstances.

Contact Us
  • Estate Planning News
  • E-newsletter
  • Probate
  • 916-886-5699

    2100 Douglas Blvd.
    Roseville, CA 95661

    View Map