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Sunday May 27, 2018

Our News
Exciting events are happening at University of California, Irvine
hank you for your interest in University of California, Irvine. Our hope is to serve you and your family with helpful information.
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Personal Planner
Who Will Receive Your Property?
"Who should receive my property?" Helen asked her attorney, Clara. "There are so many decisions to make. Since Morgan...
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Savvy Living
'Extra Help' Program Helps with Medication Costs
Are there any special Medicare programs that help with medication costs? My 74-year-old mother, who lives primarily on...
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Washington News
Two-Income Families Benefit from
In IR-2018-124, the Service offered a "Paycheck Checkup" for families with two incomes. The IRS Withholding Calculator on www.IRS.gov helps couples with two or more sources of income to adjust their withholding amounts. Many two-income families will be able to change or reduce withholding due to the passage of the Tax Cuts and Jobs Act (TCJA). The TCJA increased the standard deduction to $24,000 for couples. It also eliminated personal exemptions, increased the Child Tax Credit and changed both the tax rates and brackets. If you and your spouse have two or more sources of income, you could be overwithholding or underwithholding. The "Paycheck Checkup" is especially useful with two-income...
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