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.

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Sunday April 28, 2024

Washington News

Washington Hotline

Peak IRS Phone Support After Presidents Day

The Internal Revenue Service (IRS) 2024 filing season is now in full swing. The IRS encourages taxpayers to use online tools and learn about the "free help" available on IRS.gov.

IRS Commissioner Danny Werfel stated, "We have worked hard to provide better taxpayer service for people this filing season with more options to reach the IRS in convenient ways. We want taxpayers to have access to the help they need around the clock. IRS.gov's expanded tools and information make that easier for taxpayers, especially during this peak period for IRS phone lines around Presidents Day."

The IRS reports approximately 98% of taxpayers will file electronically this year. The IRS encourages everyone to file electronically and use direct deposit for a faster refund. There also are multiple free and online tax preparation options. These include the IRS Free File, the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs. If taxpayers have income of $79,000 or less, the IRS Free File software can be used. Taxpayers with any level of income may use the IRS Free File Fillable Forms.

A new option for a limited number of taxpayers is the IRS Direct File program. This is available currently to federal and state employees in 12 participating states. Military members and some veterans may receive assistance from the MilTax program run by the Department of Defense.

There are multiple services on IRS.gov that also assist taxpayers.
  1. IRS Online Account — If a taxpayer has a Social Security number (SSN) or an Individual Taxpayer Identification Number (ITIN), an IRS Online Account can be created. This can provide information on a balance due and payment options, allow the creation of a payment plan, access prior tax returns, locate the Adjusted Gross Income number from previous tax returns and sign tax authorizations from a professional advisor.
  2. Where's My Refund? — If a taxpayer has a refund pending, the "Where's My Refund?" tool on IRS.gov will provide useful information. This will explain refund status and the updated version uses plain language. If the taxpayer qualifies for an earned income tax credit (EITC) or additional child tax credit (ACTC) refund, those will start to be issued by February 27. The "Where's My Refund?" tool may enable taxpayers to find the projected refund date.
  3. Interactive Tax Assistant — The IRS has updated the Interactive Tax Assistant (ITA) tool this year. Taxpayers can ask basic questions such as: Should I file a tax return? What is my filing status? Is this relative an eligible dependent? Is this income taxable? Am I eligible for a credit? Is this expense deductible?
  4. Earned Income Tax Credit (EITC) — Low and moderate-income workers and families may be eligible to receive a valuable EITC tax break. The EITC Assistant on IRS.gov will help taxpayers understand eligibility, if children or relatives are qualifying, an estimated amount of the credit and preferred filing status.
  5. Identity Protection PIN (IP PIN) — An excellent way to reduce the risk of identity theft is to obtain an Identity Protection PIN (IP PIN). This is a six-digit number known only to you and the IRS. You can obtain an IP PIN on IRS.gov with the "Get an IP PIN" tool.
There are several other helpful sections of IRS.gov. If you want to learn more about tax preparers, you can go to the IRS Directory of Federal Tax Return Preparers with Credentials and Select Qualifications. A tax preparer will sign your return and include his or her preparer tax identification number (PTIN).

Editor's Note: The IRS has invested significant resources in upgrades to IRS.gov. The online tools assist millions of taxpayers each year and reduce the number of phone calls directed to IRS staff. Taxpayers are encouraged to learn about the many services available on IRS.gov.

Published February 16, 2024
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Previous Articles

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Top IRS Tips for Smooth Tax Filing

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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.

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