Rule Applied to ESAs
One per year rollover rule also applies to ESA’s! Source: www.irs.gov & Tax Tips Americas Tax Solutions Photo credit Wikimedia Commons
Who Do You Trust?
Who will be in charge of your assets after you’re gone? This is an important decision that comes with planning your estate. No one can tell who to trust but here are some guidance tips to help you break down the process of choosing a successor trustee. 1. TrustworthyConsider if the person you have in […]
Taxable Donations or Not
Crowdfunding has grown in the last 20 years raising billions of dollars from hundreds of projects being launched on a daily basis. Crowdfunding is the practice of soliciting financial contributions from a large number of people over the internet. These contributions can be used for a verity of projects. By doing this individuals and organizations […]
Tax Info for Students
Don’t be surprised when your employer withholds taxes from your paychecks. That’s how you pay your taxes when you’re an employee. If you’re self employed you may have to pay estimated taxes directly to the IRS on certain dates during the year. This is how a you pay as you go tax system worksNew employees […]
