A restricted fund is a set-aside account that holds money that can only be used for specific purposes. Restricted funds assure donors that their contributions will be used as they...
Posted by Rosovich & Associates, Inc. on 06/29/2022
Do you want your children to do better financially than you? Do you want them to stick to a budget and invest in their future? Financial education is essential.A 2018 National Financial...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/11/2022
College can get expensive and thousands of students each year work hard in order to nab the limited amount of scholarships and grants that are available to help them lower the cost...
Posted by Dennis O'Brien on 03/02/2016
College education can set you back by a substantial sum. In 2017-2018, a four-year course in a private college would entail an expense of about $34,740. It could take you the best...
Posted by Elliot Kravitz, ATP on 09/30/2019
Definition of Taxable Income:• Taxable income is the portion of your total income that is subject to taxation by the government....
Posted by True Tax Service on 10/30/2023
Payment of college tuition is usually stressful for a student. As a result, many students strive for scholarships and grants to offset the expense. Winning a scholarship indeed...
Posted by CORE PERFORMANCE on 11/21/2021
Due to the insurgence of the COVID, many people have found themselves in situations that are beyond their control which results in them seeking financial assistance. There are different...
Before the Kiddie tax, parents could get tax savings by setting up an investment account using the kid's name. Parents could give various items like a stock to their kids in which...
Amid all the cautionary advice to prevent students from borrowing too much money to pay for their university education, one bit of good news may go unnoticed: interest paid on student...