By Lisa A. Tyler
National Escrow Administrator
Blended families are nothing new and neither are the emotions which come with them. "TRUE intentions" features an elderly couple who each have children from another marriage. The couple's health is deteriorating and they are doing their best to take care of each other. Unfortunately, their children have their own idea of what is best. Be sure to read the story to find out about the challenges of a family with elder parents.
"2016 state driver's licenses" provides an update on the security features contained in identification cards issued by 49 states and the District of Columbia. Maine is the only state issuing identification cards without security features. You can view the security features using a FraudFighter™ UV Detector from UVeritech. Their contact information is contained in the article.
Inevitably during the first quarter of the year settlement agents receive requests from sellers to make a change or correction to the 1099–S filed with the IRS for the property transfer. Corrections can be made, but they must be a valid correction. It is up to the settlement agent to determine if the request is appropriate and then file the request for a correction with the National 1099 Department. Find out the steps necessary to file the corrected Form 1099–S by reading the article entitled "CORRECTIONS."
Be sure to answer the monthly 1099–S question to make certain you understand the tips on properly reporting sales in order to avoid penalties!
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