We have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations.
More

On June 7, 2021, the IRS published a notice that it plans to send letters to 36 million American families who may be eligible for Advance Child Tax Credit (ACTC) payments. The ACTC payments were authorized by the American Rescue Plan Act passed in March. Letters will be sent to families who are eligible based on their 2019 or 2020 federal income tax returns or used the Non–Filers tool on IRS.gov to register for the Economic Impact Payment. These families may receive the Advance Child Tax Credit payments. A second, personalized letter will be sent to these 36 million eligible families to estimate the payment amount for the July 15 distributions. Advance payments will be sent each month from July to December. In most cases, families will not need to take action. The IRS will calculate the proper credit amount based on their tax return. The payment will be $300 per month for children under age 6 and $250 per month for each child between ages 6 to 17. If individuals or families with children have not yet filed 2019 or 2020 tax returns, they should file as soon as possible. It...
More

GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...
More

The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for your favorite gift plan...
View Presentation