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Individual Tax

Is That Financial Aid Taxable?

April 14, 2025 by admin

The college search process is an exciting but time-consuming process. After your child narrows down the colleges of his or her choice, you both have to figure out the issue of paying for tuition and room and board. The reality is that a four-year college education is expensive. The College Board1 reported that the average […]

Filed Under: Individual Tax

Help Your Working Teen Get a Jump-Start on Saving

March 5, 2024 by admin

You may have a teen in your family who holds down a part-time job or works full-time during the summer. You can help your child lay the groundwork for future retirement security early on by encouraging your child to open an individual retirement account (IRA). You may, or may not, get some resistance, especially if […]

Filed Under: Individual Tax

Filing Taxes as a Single Parent

September 21, 2023 by admin

Filing taxes can be a daunting task for anyone, but for single parents, it often comes with added complexities. As a single parent, you may be eligible for various tax benefits and credits designed to alleviate some of the financial burdens of raising children on your own. To ensure you’re maximizing your tax return while […]

Filed Under: Individual Tax

Take the Pulse of Your Tax Health

June 20, 2022 by admin

Regular financial checkups give you an opportunity to identify where you can improve your overall tax situation. They also help identify areas of concern that may require more detailed attention. In a similar fashion, regularly reviewing your tax situation with a financial professional can identify opportunities to improve your tax picture and can often shed […]

Filed Under: Individual Tax

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