January 03, 2018
Top 5 Tips for Filing 1099 Tax Forms

If the term "tax season" makes you gloss over, you're not alone. Paperwork doesn't keep the lights on. It does, however, keep the IRS out. Here's what you need to know about 1099 tax forms for 2018 filing:

January 03, 2018
Key Facts About the SEP IRA

The Simplified Employee Pension IRA can be an important benefit in your tax arsenal if you are an employer and a great retirement plan if you are an employee or self-employed. Here are some of the most crucial facts about the SEP IRA, based on the IRS Tax Code and this article by Selena Maranjian.

December 06, 2017
Trump Tax Plan 2.0 News

The Trump/GOP tax bill has now passed in both the House and Senate, in different versions. Below are summarized the main commonalities and differences in the two bills, based on information outlined by Kimberly Amadeo.

November 24, 2017
Things to Know about a 529 Plan

A 529 plan is used to save for college. It provides tax advantages so that people are encouraged to save for their (and their children's) future.

Any taxpayer in the United States can start a 529 plan. You can set up as many plans as you want. Many parents start a 529 plan for each of their children. Since it is your plan, you will be in charge of it until you withdraw it, allowing you to determine how it is used.

November 24, 2017
Save for the Future: How a 529 Plan Can Ease Education Costs

The value of a college degree, in dollars and sense, is indisputable. College graduates earn twice as much as those with only a high school diploma. They are less likely to find themselves unemployed. They are more likely to own a home. They are more likely to marry (which, statistics show, means they will live longer).