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News for Philanthropists

Thursday April 25, 2019

Our News
Exciting events are happening at Community Foundation of Lorain County
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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Savvy Living
Tricycles for Grown-Ups
What can you tell me about three-wheeled bicycles? I'm 65 years old and would like to start cycling again but I have...
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Washington News
Commissioner Rettig Thanks Taxpayers
On April 15, IRS Commissioner Chuck Rettig thanked taxpayers. He stated, "Our nation's tax system is built around the concept of voluntary tax compliance, meaning citizens comply with their civic duty each year by preparing and filing their taxes — without direct government intervention. This principle has helped make our tax system a model for the entire world. Thanks to taxpayers, this system helps fund our great nation. Each year, 95% of the gross receipts of our country flows through the IRS — about $3.5 trillion last year — funding critical aspects of the U.S., ranging from roads and schools to the nation's military." Rettig reported a smooth filing season. By April 5, 2019, the IRS had received 103 million tax returns and issued 78 million tax refunds. The total amount of the refunds exceeded $220 billion and the average refund was $2,833. This will be a busy...
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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...
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