Wednesday March 29, 2017

News

Our News
Exciting events are happening at ABF
Thank you for your interest in American Baptist Foundation. Our hope is to serve you and your family with helpful information.
Read More >
Personal Planner
Loans and Sales to Children
Parents are frequently approached by children who desire loans for various purposes. Parents may make a loan to a child for the down payment on a home, to start a new business, to cover costs for a...
Read More >
Savvy Living
Services That Can Help Seniors with the Rigors of Travel
Do you know of any services that help seniors with the rigors of traveling? My youngest daughter is getting married in a few months and would love to have my 82-year old mother attend, but she needs...
Read More >
Washington News
Phone Scams, IRAs and Tax Extensions
The IRS published multiple reminder letters this week. In IR-2017-64 the Service warned tax preparers to watch for phishing emails claiming to be from clients. The latest tactic is for a scammer to send an email to tax preparers with a "last minute" request to change the refund destination. The change may be a direction for the IRS to send the refund to a prepaid debit card. If a tax preparer receives a "last minute" request, he or she should verbally reconfirm the new address or card with the taxpayer. In IR-2017-63 the Service reminded taxpayers who turned age 70½ during 2016 to take their first required minimum distribution (RMD). The initial distribution must be taken by April 1,...
Read More >
scriptsknown