It’s important for everyone to save for retirement. No matter where a person is in their career, a retirement account is a wise investment. The accrued money from compound interest in a tax-advantaged account can make a big difference for the future. There are plenty of different types of retirement savings accounts. Some people, for …
Tag Archives: tax planning
Tax Scams 2020
Ahead of tax season 2020, hackers are getting savvier with their tactics to steal personal and financial information. Tax-themed email attacks hit businesses across all sectors, but researchers at Proofpoint have found that financial firms and the construction industry have been targeted disproportionately. Cybercriminals have previously focused on targeting regular citizens and accountants with emails …
Tax Incentives for Higher Education
Higher education is a profound investment of both time and money. As such, it’s understandable that affording higher education can be difficult for many. Fortunately, the federal government provides financial assistance in a couple of ways. The first way is through traditional student aid such as loans, grants, and work-study. The second way is through …
Tips on Charitable Contributions
It’s good to give, not just for the recipient, but also for the giver. A 2008 study by Harvard Business School professor Michael Norton found that participants who gave money to someone else were happier than those who spent that money on themselves; researchers saw similar results in experiments where they asked people to perform …
How to Maximize Tax Advantages when Implementing Employee Benefits
The money you put into employee benefits can come right back to you in the form of tax incentives.
Morris Teper 