You may have considered a custodial account if you want more flexibility regarding how your child's education funds are allocated. That way, the money doesn't have to be used...
Posted by Rosovich & Associates, Inc. on 11/28/2022
You may be rewarded with dividends when you invest in a company by buying individual stocks, mutual funds, or exchange-traded funds (ETFs). A dividend is a per-share portion of a company's...
Posted by Dennis Jao on 10/26/2022
There is a lot to be done as an individual or business owner. People juggle between everyday tasks with little or no spare time to file taxes. A tax bill from Uncle Sam can halt business...
Posted by Tiffany Gaskin on 06/24/2022
College fees are no joke. That's why it's not too early to start planning for them. Estimation shows that it would cost between $250,000 and half a million dollars to pay for...
Posted by Pat Raskob on 05/31/2022
If you decide to go back to school or help pay for the tuition of a child or grandchild, keep in mind that certain types of expenses may qualify for special tax treatment. Many pension...
Posted by KLSM CPA Firm PLLC on 05/22/2022
An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...
Student loan interest deduction talks about an income tax deduction that gives borrowers the capacity to remove up to $2500 on the interest they paid on a student loan that qualifies...
Posted by Rosovich & Associates, Inc. on 12/27/2021
Many seniors use savings bonds for good reasons. However, they still provide an incredible way to help pay for the college expenses of a young person. Understanding College Savings...
There are several college savings plans with 529 plans as one of them. It comes with a series of tax benefits and can allow you to build your kid's college funds with time. In...
Posted by Rosovich & Associates, Inc. on 06/18/2021