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Thank you for your interest in SOMO Endowment Fund. Our hope is to serve you and your family with helpful information.
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Many questions arise when we consider the options for giving to children. Why should we give? When, what and how should we give? Will gifts impact the self-esteem and initiative of the child? Can a...
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Can you offer some tips on how someone can protect against financial scams? My neighbor's sister was recently swindled out of $10,000 and I want to make sure my sister is protected. Financial scams...
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• Men's Wearhouse Likes the Look of Its Earnings
• A Rollercoaster Week for Treasuries
• Interest Rates Rise for Sixth Consecutive Week

House Ways and Means Committee Chair Dave Camp (R-MI) spoke June 12th at the Federal Policy Groups 2013 Tax, Budget, and Legislative Policy Seminar. At the Washington conference, Camp explained the tax reform process and also responded to questions. When asked about the White House proposal to cap charitable deduction tax benefits at the 28% bracket, Camp replied, "I think it is important not to cap that area." As part of his address, Camp explained many of the steps that have been taken toward major tax reform this year. 1. January – The financial products tax proposals were introduced. 2. February – Speaker of the House John Boehner (R-OH) reserved H.R. 1 as the bill number for tax...
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