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Thursday May 5, 2016

Our News
Exciting events are happening at Samford University
Thank you for your interest in Samford University. Our hope is to serve you and your family with helpful information.
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Personal Planner
Zero-Tax Cash and Trust
About 15 years ago Linda's father passed away. As her inheritance, she received a commercial lot that was a mile outside...
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Savvy Living
How to Downsize Your Stuff for a Move
Can you offer any helpful tips for downsizing? My husband and I are interested in moving to a condo downtown when we...
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Washington News
No Significant Change In Tax Gap
The IRS reports that there is “no significant change” in the tax gap. The tax gap is the shortfall in tax collections. It is measured each year to determine the level of taxpayer compliance. For years 2008, 2009 and 2010, the tax gap averaged $458 billion per year. With an estimated $52 billion per year still to be collected through tax audits, the net tax gap for these years is projected to be $406 billion. The IRS reports that taxpayer compliance level is 83.7%. This compliance level for people who pay timely the correct amount of tax has been generally in the low eighties...
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