Sunday April 18, 2021
News
Thank you for your interest in Community Foundation of Lorain County. Our hope is to serve you and your family with helpful information.
Personal Planner
Domicile - Where You Live Affects Your Taxes
A successful business owner with a large estate passed away in 1976. He had grown up in Texas, moved to California and also lived for many years in Nevada. With a net estate of $2.5 billion, his estate owed substantial federal and state taxes. While...
Washington News
Economic Impact Payments for Individuals Experiencing Homelessness
In IR–2021–87, the Internal Revenue Service (IRS) urged advisers and organizations to help people experiencing homelessness benefit from Economic Impact Payments (EIPs). Many individuals experiencing homelessness do not have a permanent...
Savvy Living
The Most and Least Popular Ages to Claim Social Security
How much does your claiming age affect your Social Security benefits, and what are the most popular ages people start taking their retirement benefits? You can sign up for Social Security at any time after age 62. However, your monthly payments...
