With a gift from your accumulated wealth instead of your income, you provide important resources for the issues that concern you most while also ensuring our students have the opportunities they deserve. Plus, there are meaningful tax benefits.
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In IR-2023-178 the Internal Revenue Service (IRS) announced the use of expanded chatbot technology. Chatbots are computers using artificial intelligence (AI) to answer taxpayer questions. The new chatbots assist taxpayers who receive IRS notices regarding underreported taxes.
Taxpayers may receive an IRS notice if their tax reporting does not match what is reported from third parties to the IRS. Each year, third parties file millions of IRS information forms that report payments to individuals.
Chatbots are another benefit resulting from increased IRS funding under the Inflation Reduction... More
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For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.