accounting

What You Need to Know About 529 Plan Withdrawals

The big advantage of Section 529 college savings plans is that withdrawals used to cover qualified higher education expenses are free from federal income tax (and usually state income taxes too). That part is very easy to understand, but the full story on withdrawals is not so simple. What are qualified expenses? What happens if… Read more »

Take Back Your Life!

A lot business owners struggle with creating boundaries between their personal lives and their professional endeavors. That’s because by starting a business, they have become both financially and emotionally invested in the outcomes and successes of their company. And in order to manage their business and gauge their investments, business owners must initially take on… Read more »