Income Tax Planning and 529 Plans

The income tax benefits offered by 529 plans make these plans attractive to parents (and others) who are saving for college or K-12 tuition. Qualified withdrawals from a 529 plan are tax free at the federal level, and some states also offer tax breaks to their residents. It’s important to evaluate the federal and state
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Does Inversion = Recession?
(…and does it matter?)

A little over 2 weeks ago on December 3, investors everywhere read or heard about an “inverted yield curve”. An inverted yield curve occurs when the interest rate on a longer term debt instrument is lower than the interest rate on a shorter term debt instrument of the same quality. On that day the yield
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Should You Have A Strategy Of How You Donate To Charity?

The Tax Cuts and Jobs Act of 2017 has done away with many deductions, changed the standard deduction, and limited other deductions. These changes will likely prompt a change in you charitable giving strategy in order to maximize the tax impact. With the standard deduction for joint filers now at $24,000 compared to $12,700 in
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