Can I use a 529 to pay off student loans? Yes!A 529 plan could be a great vehicle for financing education and can now be used strategically to pay off student loan debt, thanks to...
Posted by Unifirst Financial & Tax Consultants on 06/11/2021
Charities are looking for more help today than ever before. If you are planning to donate to charity now or at any time of the year, you have various options. While you can simply...
Posted by Unifirst Financial & Tax Consultants on 04/14/2021
To help taxpayers adopt children, U.S. tax laws provide an adoption credit, up to an inflation-adjusted maximum, for adopting a child under 18 or a person of any age with a physical...
Posted by Dennis Jao on 02/28/2021
A Coverdell education savings account, also known as CESA, is a tax-deferred trust account. It is a creation of the Federal government to help American families fund educational expenses...
Posted by Unifirst Financial & Tax Consultants on 02/22/2021
Obviously, it is good to save early for retirement as one will qualify for more benefits, but one also needs to prepare for taxes, when retired. Here are some proven tips to reduce...
Posted by Thomas G Kinsella, ATP on 02/16/2021
There are several options for deducting interest on student loans and student loan payments from federal income tax returns, including deducting interest on student loans, 529 eligible...
Posted by Aurelia E Weems CPA on 11/30/2020
From the beginning, 2019 seemed to be the year of retirement for Congress. Last year ended with a series of developing retirement bills that were submitted to DC, committees, panels,...
Posted by Unifirst Financial & Tax Consultants on 07/26/2019
It is one thing to get admitted to the school and it is another thing to get the money to pay the fees. Getting into school (college) is an exciting thing. Thinking about the new atmosphere,...
Posted by Tucker Accounting Services LLC on 04/24/2021
If a creditor acquires your property through foreclosure and evicts you, or if you surrender your property before the eviction, the lender will send you an IRS Form 1099-A Acquisition...
Posted by Tucker Accounting Services LLC on 03/05/2021
