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Monday February 17, 2020

Exciting events are happening at Southwestern Michigan College Foundation
Our News
Thank you for your interest in Southwestern Michigan College Foundation. Our hope is to serve you and your family with helpful information.
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Early Signs of Parkinson's Disease
Savvy Living
What are the early warning signs of Parkinson’s disease? I was just diagnosed with it after noticing hand tremors...
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Peak IRS Filing Season after Presidents Day Holiday
Washington News
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...
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Gifts of Cash
Personal Planner
Many people use their annual gift exclusion as part of an overall estate planning strategy. Sara: "We had a pretty good...
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