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Franciscan Renewal Center

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Sunday May 26, 2019

Exciting events are happening at the Franciscan Renewal Center
Our News
Thank you for your interest in the Franciscan Renewal Center. Our hope is to serve you and your family with helpful information.
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Understanding Medicare's Enrollment Periods
Savvy Living
What can you tell me about the different enrollment periods for Medicare? I am planning to work past age 65 and...
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Time for a
Washington News
With employment in America at high levels, many two-income families and taxpayers with multiple jobs should perform a "Paycheck Checkup." In IR-2019-97, the Service explained why these taxpayers should check their withholding amounts. Because 2018 was the first year for full implementation of the massive changes in the Tax Cuts and Jobs Act, many taxpayers overwithheld and received substantial refunds. Some taxpayers underwithheld and had to pay a large tax bill. A few of the taxpayers with large tax payments also paid penalties for underwithholding. The Service stated, "The Tax Cuts and Jobs Act (TCJA) made changes to the tax law. Among other things, the new law increased the standard deduction, eliminated personal exemptions, increased the child tax credit, limited or discontinued certain deductions and changed the tax rates and brackets. As a result, many taxpayers ended up receiving refunds that were larger or smaller than expected, while others unexpectedly owed additional tax when they filed their 2018 tax returns." Making withholding changes early in the year is best. For taxpayers who adjust their withholding amounts now, any increase or decrease in withholding can be...
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Who Will Receive Your Property?
Personal Planner
"Who should receive my property?"Helen asked her attorney, Clara. "There are so many decisions to make. Since Morgan...
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