by admJKAC | Dec 30, 2019 | Other
1) What is an ABLE Account? ABLE Accounts are savings accounts designed for Americans with disabilities and their families to build tax-free savings. They were created by the Achieving a Better Life Experience Act of 2014. 2) Who is eligible for an ABLE Account? An...
by admJKAC | Dec 30, 2019 | Other
Your son or daughter may be eager to earn extra money in the summer or to accommodate his or her school activities. Why not hire your teenager to work in your business? The benefits are tremendous for BOTH parent and child. Here are five benefits: 1) Tax Deduction for...
by admJKAC | Dec 30, 2019 | Other
Funding a 529 plan is a great way to pay for college. With the high costs of higher education, it is difficult to imagine that there actually might be some cash leftover in a 529 plan after paying for college! But it does happen. Perhaps your child received...
by admJKAC | Dec 20, 2019 | Other
As an accounting professional, we do so much more than just number crunching; we create a financial strategy, give strategic advice, comply with the latest tax regulations, take actions to save money for the client, boost revenue in their business, and the list has...
by admJKAC | Dec 20, 2019 | Tax Planning
We are now operating under the tax rules of the Tax Cuts and Jobs Act (TCJA). It has completely altered the Federal Income Tax landscape. Don’t let it catch you by surprise! It is important to review your taxes at this mid-year 2019 and make any changes to avoid any...