Financial Planning for Your Child’s College Education
Our mission is to assist you in funding your child's college education with guidance on Financial Aid, Funding, Qualified Accounts, and Tax Planning. Learn more.
Higher ed institutions need to comply with new cyber rule
The FTC's new Safeguards Rule addresses how higher ed institutions must protect students' info from cyberattacks.
Did You Get a Surprise Tax Bill in 2022? It’s Time to Review Your Withholdings
If you had a surprise tax bill this past filing season, it may be an opportune time to review your paycheck withholdings and estimated tax payment requirements by using the free IRS tax withholding estimator. Changes to income tax withholding amounts on Form W-2s or 1099s can be made at any point during the year by filing an updated Form W-4.
Three Tax Considerations for U.S. Companies Paying Independent Contractors Overseas
It’s increasingly common for U.S. companies to do some portion of their business overseas. For those businesses, reporting on foreign transactions for tax purposes can become complicated. In this blog, we outline several steps to begin managing your tax reporting responsibilities.
Cash Management Alternatives to Business Bank Accounts: How to Maximize Yield & Minimize Risk in Today’s Climate
Businesses are naturally concerned about the safety and security of their own company deposits. But letting cash reserves sit in a savings account isn’t necessarily the best answer. To optimize your cash reserves, being aware of all available options is critical.
Changes to 179D in the Inflation Reduction Act
179D, a popular energy efficiency tax incentive, has been expanded and upgraded in 2022’s Inflation Reduction Act. From new deduction amounts to prevailing wage requirements, learn about changes to 179D.
New Rules for Electric Vehicle Tax Credit
New battery sourcing requirements for electric vehicles took effect after April 18, 2023. This change means that far fewer vehicles qualify for the full $7,500 Clean Vehicle Tax Credit.
Financial Management and Retirement Planning Tips for Young Professionals
Navigating the shift from college to adulthood can be challenging, especially when it comes to financial management. Contributing early to retirement plans and managing credit, savings, and student loans can make a big difference in long-term financial health.
Will New Rules Exempt Your Benefit Plan from the Annual Audit Requirement?
On February 24, 2023, the Federal Register announced changes to the 2023 Form 5500. One significant change was in the method for determining which employee benefit plans will require an audit for 2023.
Top 5 missteps to endowment management under UPMIFA
Are you managing your endowment funds under the current rules? See how you match up to these common issues in the application of UPMIFA.