Quantum Law, LLC

02/03/2023

Aging can be difficult as at some point, you may not be able to make decisions for yourself. This is not reserved for older adults as young people can sometimes find themselves in the same position due to an accident or medical crisis. If you want someone you trust to make decisions for you, you should have powers of attorney (health and financial) in place so your choices can still be heard when you cannot make decisions yourself. Feel free to give us a call at 443-230-3328 if you want to establish powers of attorney. photo by National Cancer Institute at https://unsplash.com/photos/w7Pby5bDKW4

12/25/2022

11/24/2022

Have a wondweful holiday!!

11/11/2022

Today we thank all veterans for their service!

06/28/2021

Advance Child Tax Credit Payments Start July 15, 2021. The payment will give you half of the child tax credit in monthly payments this year ( or $1,800 for children under 6 and $1,500 for children under 18) but will result in a smaller refund at tax time. Check your eligibility today at https://www.irs.gov/credits-deductions/advance-child-tax-credit-eligibility-assistant. If you do not want to receive the advance payments, you can unenroll at https://www.irs.gov/credits-deductions/child-tax-credit-update-portal. Also, if you did not file a 2019 or 2020 tax return and you did not complete the non-filer tool to receive the stimulus checks, you can enroll today at https://www.irs.gov/credits-deductions/child-tax-credit-non-filer-sign-up-tool. The amount may be reduced if you are a single filer with income over $75,000, you file head of household with income over $112,500 or you are married and file a joint return with income over $150,000. If you are close to the phase out amount, you can also contribute more to a retirement plan to reduce your taxable income.

If you are aren’t required to file a tax return, give us some basic information for the advance Child Tax Credit.

06/08/2021

One reason to perform estate planning is to ensure your heirs can retain property and maintain the standard of living if something happens to one spouse. Here are some tips for preparing for the death of a spouse. https://www.wsj.com/articles/how-to-prepare-financially-for-the-death-of-a-spouse-11622736476?mod=itp_wsj&mod=djemITP_h

05/03/2021

https://www.wsj.com/articles/when-to-give-inheritance-money-to-your-kids-11619802000

Is it better to help your children when you’re still alive? Or wait until after you die?

03/22/2021

03/15/2021

The third stimulus payment of $1,400 per person is either in the bank or on the way. This payment will be made for ALL dependents and not just children under 17. If you want to check the status of your payment, check the irs Get My Payment tool at

Use Get My Payment to get information about your payment status and payment type.