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Save More for College Through the Tax Advantages of a 529 Savings Plan

With kids back in school, it’s a good time for parents (and grandparents) to think about college funding. One option is a Section 529 plan.
Posted: September 18th, 2017 | Permalink

A Refresher on the ACA’s Tax Penalty on Individuals Without Health Insurance

With repeal and replace efforts apparently having collapsed for now, it’s a good time for a refresher on the Affordable Care Act’s tax penalty on individuals without “minimum essential” health coverage.
Posted: August 14th, 2017 | Permalink

IRS Simplifies Procedure For Obtaining Extension to Make Portability Election

Last month, the IRS issued a Revenue Procedure that allows certain estates to make a late portability election without first filing a ruling request.
Posted: July 13th, 2017 | Permalink

Claiming a Federal Tax Deduction for Moving Costs

Summer is a popular time to move, whether it’s so the kids don’t have to change schools mid-school-year, to avoid having to move in bad weather or simply because it can be an easier time to sell a home
Posted: July 11th, 2017 | Permalink

Pro Forma Compilations Look at How an Alternative Course of Action Would Have Affected Financials

The American Institute of Certified Public Accountants (AICPA) has clarified its guidance on pro forma compilations.
Posted: June 23rd, 2017 | Permalink