WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

 

* The IRS reminds us “Child and Dependent Care tax credit can help offset summer day camp expenses”.

A reminder – day camps only, not overnight camps.

* At KIPLINGER.COM Erin Bendig explains how to “Use the 529 Grandparent Loophole to Maximize College Savings” –

“Using a 529 plan can be a great way to save for your grandkids’ college education, and accounts now have an added benefit, thanks to the FAFSA Simplification Act, an overhaul of the processes and systems used to award federal student aid. The simplification, which removed over two-thirds of questions previously asked, lets grandparents with 529 accounts take advantage of what’s called the ‘grandparent loophole’.”

* “Are You Still Waiting on a Refund From a Deceased Taxpayer’s Return?”  You are not alone, according to the NATIONAL TAXPAYER ADVOCATE BLOG –

“TAS estimates that the IRS received nearly 18,000 paper Forms 1310 for 2022 and, through the end of April, the IRS received nearly 14,000 paper Forms 1310 for 2023. Upon receipt of a return with an attached Form 1310, it is our understanding that the IRS separates the paper form from the return for different processing streams. Normally, the IRS processes Form 1310 before processing the return. While the IRS has added Form 1310 to its Modernized e-File platform, depending on the boxes checked on the form, not all Forms 1310 are supported and require paper filing. Unfortunately, the paper Forms 1310 were not properly processed, which created a backlog of unprocessed 2022 and 2023 Forms 1310.”

* And the “IRS” has a “reminder for schoolteachers: Up to $300 in classroom expenses deductible for 2024”.

THE LAST WORD –

For those who are on the fence about Harris and do not support a progressive agenda – don’t think of it as a vote FOR Harris but a vote AGAINST Trump.

EVERY intelligent and patriotic American with a conscience MUST vote for Harris – including true conservatives and “traditional” Republicans.

Absolutely NOTHING is more important than keeping Trump out of the White House. If Trump and today’s Republicans win AMERICA TRULY LOSES.

And be aware that a vote for a third-Party candidate is basically the same as a vote for Trump.

And not voting is basically the same as a vote for Trump.

TTFN