Time is running out on a program allowing Georgia residents to save on taxes. The Georgia Heart website explains how you can qualify before the deadline of June 30th. Trade issues affecting the markets will loom large in the coming weeks. Michael Townsend of Schwab focuses on new developments from North Korea to China to the EU. While it’s common knowledge that scammers target the elderly, what do you do if it happens to your parents? Richard Eisenberg summarizes the top three financial frauds that are used and what to do if a parent is victimized

Tax Savings Opportunity–  Georgia residents who contribute to the Georgia Rural Hospital Organization (RHO) program get a credit against their Georgia income taxes.  This reduces your Federal taxable income if you itemize deductions because although the deduction for state income taxes is limited,  contribution deductions are not limited. There is an important deadline of June 30 for the program.  Read more…

Trade And North Korea To The Fore As Congress Goes Quiet–  The markets’ focus has shifted to potentially momentous changes to the country’s trade policy and relationship with North Korea.  Michael Townsend at Schwab takes a closer look at some of the issues investors should keep an eye on in the weeks ahead. Read more…

What to Do If Your Parent Gets Scammed–  At the American Society on Aging’s 2018 Aging in America conference in San Francisco, a panel of elder fraud experts said it’s critically important for “bystanders” — often family members — to intervene if they suspect elder financial abuse is happening. But people rarely do.  Here are the top three scams targeting older Americans, based on calls received by the Fraud Hotline of the U.S. Senate Special Committee on Aging, and what to do if your parent fell for one. Read more…

John R. Day, Bill Ennis, Stephanie Hall and Matt Heller

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