News for Philanthropists

Thank you for your interest in Community Foundation of Lorain County. Our hope is to serve you and your family with helpful information.
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Do you have any recommendations or tips for selecting an executor of a will? I am putting together my will and I want to...
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National Taxpayer Advocate Nina E. Olson will be retiring on July 31, 2019. In her final report to Congress, Olson expressed her appreciation for the opportunity to serve taxpayers. "I am enormously grateful for the opportunity I've had to advocate on behalf of our nation's taxpayers," Olson noted. "Amazingly, despite the challenges of complying with our multi-million-word tax code, more than 150 million individual taxpayers and more than 10 million business entities do their civic duty every year by filing income tax returns with the IRS. That is an extraordinary achievement and one we should not take for granted." Olson has also been at the forefront of efforts to improve IRS services. She used this final report to explain some specific concerns about the IRS. Olson noted, "But even as the system works for most taxpayers most of the time, it doesn't work for millions of others....
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A businessman with a $2.5 billion estate passed away in 1976. He was single and many individuals, mostly unrelated to...
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• Adobe Reports Record Revenue
• Yields Fall After Federal Reserve Meeting
• Mortgage Rates Stabilize