High-Country Health Food and Cafe in Mariposa California



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'Click' Here for All Creatures Veterinary Hospital in Mariposa, CA
'Click' Here for All Creatures Veterinary Hospital in Mariposa, CA
'Click' for More Info: Butterfly Creek Winery Located in Mariposa, California
'Click' for More Info: Butterfly Creek Winery Located in Mariposa, California
'Click' Here to Visit: 'Yosemite Bug Health Spa'. "We provide a beautiful and relaxing atmosphere. Come in and let us help You Relax"
'Click' Here to Visit: 'Yosemite Bug Health Spa'. "We provide a beautiful and relaxing atmosphere. Come in and let us help You Relax"
'Click' for More Info: 'Chocolate Soup', Fine Home Accessories and Gifts, Located in Mariposa, California
'Click' for More Info: 'Chocolate Soup', Fine Home Accessories and Gifts, Located in Mariposa, California
‘Click' for More Info: For All Your Printing Needs, Call Combs Printing Today
‘Click' for More Info: For All Your Printing Needs, Call Combs Printing Today
'Click' for More Info: Foster Ace Hardware...the Helpful Place for All Your Home and Hardware Needs in Mariposa, California
'Click' for More Info: Foster Ace Hardware...the Helpful Place for All Your Home and Hardware Needs in Mariposa, California
'Click' Here to Visit Happy Burger Diner in Mariposa... "We have FREE Wi-Fi, we're Eco-Friendly & have the Largest Menu in the Sierra"
'Click' Here to Visit Happy Burger Diner in Mariposa... "We have FREE Wi-Fi, we're Eco-Friendly & have the Largest Menu in the Sierra"
'Click' for More Info: Inter-County Title Company Located in Mariposa, California
'Click' for More Info: Inter-County Title Company Located in Mariposa, California
'Click' for More Info: Laura Lee’s Auto Sales in Mariposa… “I can find any car you want!”
'Click' for More Info: Laura Lee’s Auto Sales in Mariposa… “I can find any car you want!”
'Click' for More Info: ‘Mariposa Museum & History Center’ Located in Historic Mariposa, California
'Click' for More Info: ‘Mariposa Museum & History Center’ Located in Historic Mariposa, California
‘Click’ for Mariposa Auto Trim: Get Your Glass Repaired or Replaced at ‘Mariposa Auto Trim’ in Mariposa, California
‘Click’ for Mariposa Auto Trim: Get Your Glass Repaired or Replaced at ‘Mariposa Auto Trim’ in Mariposa, California
'Click' for More Info: ‘California State Mining & Mineral Museum’ Located in Mariposa, California
'Click' for More Info: ‘California State Mining & Mineral Museum’ Located in Mariposa, California
'Click' for More Info: Sugar Pine Café Located in Historic Mariposa, California
'Click' for More Info: Sugar Pine Café Located in Historic Mariposa, California

December 5, 2018 - WASHINGTON — The Internal Revenue Service wants to remind those with disabilities that the Tax Cuts and Jobs Act (2017) made major changes to Achieving a irs logoBetter Life Experience (ABLE) accounts. Eligible individuals may now put more money into their ABLE account and also roll money from their qualified tuition programs (529 plans) into their ABLE accounts. And certain contributions made to ABLE accounts by low- and moderate-income workers may now qualify for the Saver's Credit.

ABLE accounts are designed to help people with disabilities and their families save and pay for disability-related expenses. Though contributions are not deductible, distributions, including earnings, are tax-free to the designated beneficiary if used to pay qualified disability expenses. These expenses can include housing, education, transportation, health, prevention and wellness, employment training and support, assistive technology and personal support services and other disability-related expenses.

Normally, contributions totaling up to the annual gift-tax exclusion amount, currently $15,000, may be made to an ABLE account each year for the benefit of an eligible person with a disability, known as a designated beneficiary. Starting in 2018, if the beneficiary works, the beneficiary can also contribute part, or all, of their income to their ABLE account.

This additional contribution is limited to the poverty-line amount for a one-person household. For 2018, this amount is $12,140 in the continental U.S., $13,960 in Hawaii and $15,180 in Alaska. The designated beneficiary is not, however, eligible to make this additional contribution if their employer contributes to a workplace retirement plan on their behalf.

Also starting in 2018, ABLE account beneficiaries can qualify for the Saver’s Credit based on contributions they make to their ABLE accounts. Up to $2,000 of these contributions may qualify for this special credit designed to help low- and moderate-income workers. Claimed on Form 8880, Credit for Qualified Retirement Savings Contributions, this credit can reduce the amount of tax a person owes or increase their refund.

Finally, some funds may now be rolled into an ABLE account from the designated beneficiary’s own 529 plan or from the 529 plan of certain family members.

For more information about ABLE accounts and other tax reform changes visit IRS.gov/taxreform.
Source: IRS