Tuesday November 13, 2018

News

Our News -
See what the Heartland Division is doing to serve 72 counties in Illinois and Eastern Iowa...
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Personal Planner - Ten Reasons to Update Your Estate Plan
Ten Reasons to Update Your Estate Plan
You have completed a will and perhaps a revocable living trust. Your durable power of attorney for healthcare and a living will are in place. All of your records are safely in place and carefully...
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Savvy Living - When You Need Help Caring for a Parent
When You Need Help Caring for a Parent
Where can I turn for caregiving help? I help take care of my 78-year-old mother and work too, and it's wearing me to a frazzle. Taking care of an aging parent over a period of time — especially...
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Washington News - Increased Child Tax Credit for 2018
Increased Child Tax Credit for 2018
In IR-2018-217, the IRS reminded taxpayers of the benefit of the increased Child Tax Credit. The Tax Cuts and Jobs Act doubled the Child Tax Credit from $1,000 in 2017 to $2,000 in 2018. IRS Commissioner Chuck Rettig urged taxpayers to check their eligibility for the tax credit. He stated, "As we approach the 2019 tax-filing season, I want to remind taxpayers to take advantage of this valuable tax credit if they are eligible to claim it. Tax reform changed the tax code significantly and doubling the Child Tax Credit is an example of how the changes impact taxpayers." The $2,000 tax credit is available for children who are under age 17 on December 31, 2018. The child must be your qualified dependent and...
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