Sunday November 29, 2015

Exciting events are happening at Cornerstone University
Our News
Thank you for your interest in Cornerstone University. Our hope is to serve you and your family with helpful information.
Furniture Aids for Those with Mobility Challenges
Savvy Living
I am interested in purchasing a recliner that lifts and lowers off the ground, or some other type of furniture that can...
Tax Extenders Negotiations Continue
Washington News
While most Senators and Representatives are back in their home states or districts for the Thanksgiving holiday, negotiations continue on a tax extenders bill. Staff from the House, Senate and White House are all working on a potential compromise. The negotiators hope to add an extenders provision to the major appropriations bill set for a vote on December 11, 2015. There continue to be three major sections of a potential compromise. First, the House has passed permanent business extenders for the research and development credit, Sec. 179 expensing and bonus depreciation. The second section includes three charitable provisions – the IRA Rollover for persons age 70½ or older, enhanced deductions for gifts of food inventory and greater benefits for conservation easement gifts. In the third section are the personal tax extenders, particularly the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC). In September, there were extensive tax extender negotiations between Rep. Paul Ryan (R-WI) and Sen. Chuck Schumer...
Bequests to Your Favorite Charity
Personal Planner
Bequests to charity are the most popular type of planned gift. A donor may retain assets during life and then leave a...