Key Takeaways 529 Education Saving Plans are tax-advantaged investment vehicles in which your money grows tax-free. Depending on the level of tax benefit your state’s plan offers, it may be worthwhile ...

Responding to a recent call from a financial advisor in New Jersey, the ERISA consultants at the Retirement Learning Center (RLC) address whether a client who has several 529 plans in different states ...

Mike Braun's proposal to, in effect, bankrupt many local units of government, including school districts, by depriving them of more than $4 billion in property tax revenue over the next three years.

Fortunately, this penalty doesn’t apply under certain circumstances, such as when the beneficiary receives some form of tax-free educational assistance. A 529 plan is a tax-advantaged account ...

That’s why a 20-year-property tax abatement for the conversion of struggling office buildings to ... this is an irrational plan,” said Kimmy Cook of the Coalition for Essential Services and Tax Equity ...

So, what happens if the government finally moves it to Schedule II or III? Let’s talk about the tax implications—because they’re huge! Cannabis businesses are getting hammered by taxes ...

The plan passed with a very narrow margin, 217-215. The House budget wraps all of Trump's campaign promises into one "big, beautiful bill," including tax cuts and campaign trail promises of no ...

The money you contribute to a 529 plan is federally tax-deferred, and eligible withdrawals from these accounts are tax-free. Money from a 529 plan can be used for both traditional and online ...

The Senate advanced a narrower version of the plan last week, which does not include Trump's tax cut priorities. Because the president favors all the issues being wrapped up into one bill ...

While President Donald Trump has routinely floated the idea of eliminating federal income tax since taking office ... Here’s how the plan could impact paychecks here in Michigan: The estimate ...

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and ...