A Faith Community Foundation Serving The United Methodist Church: Eastern Pennsylvania, Peninsula-Delaware, and the Baltimore-Washington Conference.

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News

Thursday June 29, 2017

Exciting events are happening at Mid-Atlantic United Methodist Foundation
Our News
Thank you for your interest in Mid-Atlantic United Methodist Foundation. Our hope is to serve you and your family with helpful information.
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Social Security Advice for Soon-To-Be Retirees
Savvy Living
Can you recommend any services that help pre-retirees decide when to start drawing their Social Security benefits? My...
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IRS Supports Simplified Tax Code
Washington News
On June 21 IRS Commissioner John Koskinen spoke at the IRS Tax Policy Center Joint Research Conference in Washington. He explained that as IRS Commissioner, he is regularly asked his opinion about tax reform. Koskinen stated, "I have had people asking me whether the IRS might resist significant tax simplification, and actually the opposite is true. No one would be more delighted with a more simplified tax code than IRS employees. There are many significant benefits on the administrative side if the code itself were simplified as much as possible . . . making life easier for taxpayers, and it is a message we are continuing to take to Congress." The 10 million words in the current tax code and regulations create complexity. Koskinen observed that this is the case in three specific areas. There are six separate definitions of "child." The rules for deciding who is eligible for the earned income tax credit (EITC) are very complex. There are also multiple tax benefits or credits for...
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Do You Have a Difficult Family?
Personal Planner
A businessman with a $2.5 billion estate passed away in 1976. He was single and many individuals, mostly unrelated to...
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