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Sunday May 29, 2016

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.
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How to Pick a Medicare Advantage Plan
Savvy Living
I'm approaching 65 and am interested in a Medicare Advantage plan to cover my healthcare and medications. What tips can...
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Advance Healthcare Credits
Washington News
Under the Affordable Care Act, many American taxpayers with low or moderate incomes qualify for a Health Coverage Tax Credit (HCTC). On May 26, the IRS announced that it is implementing a new program by July of 2016 to make advance HCTC payments. During 2014 and 2015, the IRS was able to process HCTC claims after taxpayers filed their income tax returns. The new program will be available in states where the Health Plan Administrator meets IRS requirements and signs a Memorandum of Understanding. The new system is dependent upon creation of procedures to confirm taxpayers are qualified to receive HCTC. The Treasury Inspector General for Tax Administration (TIGTA) published a May 16 report on the IRS efforts to develop an “Affordable Care Act Validation System” (ACV). This ACV has been tested and is now in operation. Since 2014, taxpayers must report their healthcare coverage on tax returns. Some low and moderate income taxpayers receive HCTC, while others without qualifying healthcare must make a Shared Responsibility...
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Who Will Receive Your Property?
Personal Planner
"Who should receive my property?" asked Helen to her attorney, Clara. "There are so many decisions to make. Since Morgan...
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