Sep 24, 2026 | Personal Financial Planning, Tax News
An individual retirement account is a tax-advantaged account designed to help you save for retirement. The two most common types — traditional and Roth — differ mainly in when you pay income taxes. With a traditional IRA, your contributions may reduce your taxable... 
Sep 22, 2026 | Personal Financial Planning, Tax News
Section 529 plans are sponsored by states or educational institutions. They were originally designed to cover college costs, but their use has expanded to include postsecondary education, K-12 tuition (up to $10,000 per year), apprenticeships and credentialing... 
Sep 17, 2026 | Business Planning, Tax News
Seasonal and part-time employees are subject to the same federal income tax withholding, Social Security, and Medicare tax rules as other employees, advises the IRS. Employers must withhold and pay employment taxes on wages paid to these workers. It can be easy to... 
Sep 15, 2026 | Not-for-Profit
The Importance of Diversified Funding No single funding source remains reliable forever. Government priorities shift over time. Economic pressure can affect individual donors. Corporate giving strategies also change. Together, these factors can weaken funding streams... Sep 10, 2026 | Business Planning, Tax News
At its core, the federal R&D tax credit was enacted in 1981 to stimulate innovation and business investment. It provides dollar-for-dollar savings tied to qualified research activities. In addition, many states now offer similar tax credits. As a result, federal... 