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News

Friday December 15, 2017

Our News
Exciting events are happening at The Salvation Army Eastern Territory
Thank you for your interest in The Salvation Army Eastern Territory. Our hope is to serve you and your family with helpful information.
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Personal Planner
Living Trust - Life and Death Decisions
In discussing your living trust with your attorney, there are several very important decisions for you to consider. Some...
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Savvy Living
Financial Help for Grandparents Raising Grandchildren
Are there any financial assistance programs that can help grandparents who are raising their grandkids? I'm raising two...
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Washington News
Bipartisan Tax Reform Conference Committee
Both House and Senate leaders have appointed members of the bipartisan conference committee to finalize the Tax Cuts and Jobs Act. The House group will be led by eight Republican and five Democratic members. The Senate will send eight Republican and seven Democratic members. The conference committee will be chaired by Rep. Kevin Brady (R-TX). He is Chairman of the House Ways and Means Committee. Other tax writer members are House Ranking Member Sander Levin (D-MI), Senate Finance Committee Chairman Orrin Hatch (R-UT) and Senate Ranking Member Ron Wyden (D-OR). There are major differences in the House and Senate bills that must be reconciled by the conference committee. Tax Brackets - The House has four brackets with a top rate of 39.6% and the Senate has seven with a top rate of 38.5%. Mortgage Interest Deductions - The House allows an itemized interest deduction on mortgages up to...
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