Find out what types of assets make the best planned gifts. Learn about gifts of cash, securities and property.
Bob and Mary Are Giving Smarter and Achieving Their Dreams...Find Out How You Can Too!
Bob and Mary first met at Two-Bit Flicks, a 25-cent movie night held on Fridays in Brighton Lecture Hall. When the spring formal hosted by the women's dorm came around, Mary asked Bob to go with her. It was their first "official" date.
The rest, as the saying goes, is history. Or in Bob and Mary's case, it is natural history. That's because Emporia State also introduced them to a lifelong passion for the natural sciences.
Bob and Mary feel Emporia State was the catalyst for the life they've built together. Mary became a science educator for 6th, 7th, 8th and 9th grade students. Bob founded and served as director of the Great Plains Nature Center and became a renowned nature photographer.
Now they want others to have the same opportunity they did. They want to help students come to ESU and discover a passion they can follow for the rest of their lives.
Bob and Mary found a simple and easy way to achieve this dream. When they set up their trust, they named Emporia State as a beneficiary.
What's your dream?
Learn how easy it is to make your dream a reality by naming Emporia State University in your will or trust. Contact Angela Fullen, Director of Planned Giving at the Emporia State University Foundation. She can answer your questions or help you get started. If you have already named Emporia State in your will or trust, let us know. We will make sure your gift does everything you want it to do.
"I would encourage anyone, if they are thinking about doing something like this, to contact the Foundation. For us, it has been a great experience." - Mary Butel
Getting Started is Easy
Not sure how to take the first step? We've got just the thing you need. Download your free Will and Estate Planning Guide. This guide is an easy way to get started on, or update, your estate plan. It will help you explore your options at your own pace. It's free, easy and yours to keep.
Download your copy today or contact Angela Fullen to request a printed copy.
IRS Highlights Improved Customer Service
The IRS announced that it has dramatically increased its scanning capabilities over the 2022 tax filing season, with 225 times more forms scanned for a total of about 850,000 in 2023. The IRS has created a "Paperless Processing Initiative" and increased available online taxpayer forms fivefold this year. It continues to plan for a fully digital IRS by the tax filing season of 2025.
Werfel noted the IRS is now increasing the availability of a callback option, making it accessible to 95% of callers. He was enthusiastic about the IRS achievements this year. Werfel stated, "This is a milestone day in the history of the IRS. We know we need to do more; we need to do a lot more."
However, the IRA funds provided an "immediate and meaningful difference" in modernizing the agency. Werfel also noted the IRS improvements could be short-circuited by funding reductions. Werfel continued, "If we spend our capital budget to pay for our operational budget, we will have issues."
The June budget compromise between President Biden and House Speaker, Kevin McCarthy (R-CA), reduced the $80 billion increase for the IRS over a decade by approximately $21 billion. The 2024 IRS budget of $11.2 billion reflects this reduction.
Werfel noted the IRS funding increases are necessary for taxpayer data security. He stated, "We successfully defend a billion cyberattacks a year. What happens if we fall behind? We need to make sure we have the funding."
Editor's Note: Commissioner Werfel advocates for a continuation of the remaining $60 billion in increased IRS funding over the decade. In his view, this funding will allow the IRS to move forward and provide both data security and great service during the 21st century.