by Sarah Boehle Pool | Aug 4, 2021 | Latest News
Tax-favored ways to build up a college fund If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and other higher education costs. You want to take maximum advantage of tax benefits to minimize your expenses. Here...
by Sarah Boehle Pool | Aug 2, 2021 | Latest News
2021 Q3 tax calendar: Key deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Keep in mind that this list isn’t all-inclusive, so there may be additional...
by Sarah Boehle Pool | Jul 28, 2021 | Latest News
Retiring soon? 4 tax issues you may face If you’re getting ready to retire, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief rundown of four tax and financial issues you may deal with when you...
by Sarah Boehle Pool | Jul 26, 2021 | Latest News
The IRS has announced 2022 amounts for Health Savings Accounts The IRS recently released guidance providing the 2022 inflation-adjusted amounts for Health Savings Accounts (HSAs). Fundamentals of HSAs An HSA is a trust created or organized exclusively for the purpose...
by Sarah Boehle Pool | Jul 21, 2021 | Latest News
Plan ahead for the 3.8% Net Investment Income Tax High-income taxpayers face a 3.8% net investment income tax (NIIT) that’s imposed in addition to regular income tax. Fortunately, there are some steps you may be able to take to reduce its impact. The NIIT applies to...
by Sarah Boehle Pool | Jul 19, 2021 | Latest News
An S corporation could cut your self-employment tax If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject to both income tax and self-employment tax. There may be a way to cut your tax bill by...
