Plan Ahead to Use 529 Contributions To Fund a Roth IRA For Your Child

Beginning in 2024 excess funds held in a 529 college savings plan will be eligible to be rolled over to a Roth IRA for the beneficiary.   For families who contributed to 529 college savings plans for their children and did not fully exhaust the accounts while paying...

IRS Explains How Going Green Could Qualify For Expanded Tax Credits

FROM IRS NEWS IR-2023-97, May 4, 2023 WASHINGTON — The Internal Revenue Service reminds taxpayers that making certain energy efficient updates to their homes could qualify them for home energy tax credits. The credit amounts and types of qualifying expenses were...

Responsibility And Accountability Is the Key to Success

By our friends at Dental Office Compliance of New England LLC: Is your office experiencing any of the following? Low morale Ineffective execution/the same issues recur Low levels of trust with/among employees High turnover As an office owner, it’s easy to blame such...