• Donor-Advised Funds

    The new University of Miami Donor-Advised Fund allows donors to make charitable contributions, receive an immediate tax benefit, and recommend grants to the University and other qualified charities over time. A popular and simple vehicle for effective charitable giving.
    More

  • Bequests

    By designating the University of Miami as a beneficiary in your will, trust or beneficiary designation form, you’re ensuring the future of the University.
    More

  • IRA Gifts

    If you are 70½ or older you may be interested in a planned gift that reduces the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can support UM while benefiting yourself. Or at any age, designating the University of Miami as a beneficiary of your IRA can be a great way to remove highly taxed assets from your estate.
    More

  • Beneficiary Designation Gifts

    A beneficiary designation gift is a simple and affordable way to make a gift to support the University of Miami. You can designate us as a beneficiary of a retirement, investment or bank account or your life insurance policy.
    More

  • Appreciated Stock Gifts

    Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the University of Miami.
    More


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Saturday June 13, 2026

Washington News

Washington Hotline

Create an IRS Individual Online Account

On February 3, 2026, the Internal Revenue Service (IRS) encouraged taxpayers to create an IRS Individual Online Account. The IRS Online Account is a helpful and convenient way to review your tax information. This account enables you to have secure access to your tax information. It also helps protect you against identity theft and fraud.

An Individual Online Account is available for anyone who verifies his or her identity. Your tax professional may also use an IRS Tax Pro Account to assist you in filing returns.

There are multiple benefits to setting up an IRS Individual Online Account.

  1. Access – You may review your key tax information on your prior tax returns, including your adjusted gross income (AGI).
  2. Security – This account allows you to request an identity protection PIN.
  3. Refund – You can use your account to check the status of your refund.
  4. Amended Return – If you file an IRS amended tax return, you will be able to check the status of that amended return.
  5. Records – You can access your return transcripts and your wage and income records.
  6. Power of Attorney – You can approve a request from your tax professional to create a power of attorney and authorize access to your tax information.
  7. Tax Return Documents – An Individual Online Account also gives access to current documents that may be helpful for filing your 2025 tax return. Many employers, financial institutions, and government agencies have filed information related to your income and other materials with the IRS. You may be able to access these documents. This convenient information source will facilitate the completion of this year's tax return. Some of the documents that may be available include Form W-2, Wage and Tax Statement, Form 1095-A, Health Insurance Marketplace Statement, Form 1099-DIV, Dividends and Distributions. Form 1099-INT, Interest Income and Form 1099-MISC, Miscellaneous Information.

Published February 6, 2026
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