529 plans for education funding

529 plans for education funding

Section 529 plans are a popular education-funding tool because of tax and other benefits. Two types are available: 1) prepaid tuition plans, and 2) savings plans. And one of these plans got even better under the Tax Cuts and Jobs Act (TCJA). Enjoy valuable benefits of...
Fringe Benefits Help Businesses

Fringe Benefits Help Businesses

In today’s tightening job market, to attract and retain the best employees, small businesses need to offer not only competitive pay, but also appealing fringe benefits. Benefits that are tax-free are especially attractive to employees. Let’s take a quick look at some...
Charitable IRA Rollover

Charitable IRA Rollover

Charitable IRA rollovers may be especially beneficial in 2018 If you’re age 70½ or older, you can make a charitable IRA rollover by directly contributing up to $100,000 annually to qualified charitable organizations. This break may be especially beneficial now because...
Accelerated Depreciation Eligibility

Accelerated Depreciation Eligibility

Could a cost segregation study help increases accelerated depreciation deductions? Businesses that acquire, construct or substantially improve a building should consider a cost segregation study. You may be eligible for accelerated depreciation deductions, reducing...