Financial Planning
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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
Are Banks and Retailers Ready for Smart Chip Credit and Debit Cards?
Recent high-profile data breaches, such as those perpetrated against Target and Home Depot, have thrust credit card security chips and the term “EMV” into the public consciousness as the banking and retail industries ready themselves for the impending ...
New ABLE Accounts Offer Tax-Free Savings for Disabled Americans
An ABLE account will work pretty much like a Section 529 plan account for higher education expenses. In fact, the accounts are authorized by Section 529A of the tax code. After you establish the account and contribute to it, any earnings inside ...
How to Increase an Investment Interest Deduction
It’s rare when tax return preparers advise their clients to look a gift horse in the mouth. But it might happen when a taxpayer is affected by the limits for deducting investment interest expenses. Depending on the situation, it may make sense to elect preferential tax treatment for certain long-term capital gains or qualified dividends […]
3 Tips for Personal Finances and Long Term Care
People pondering their retirement years often conjure images of spending more time on a favorite pastime or traveling around the country or the world. Health concerns can intrude on those idyllic scenes, though, not only affecting enjoyment of life but...
Cloud Accounting Maker Xero Gets $110 Million Investment, Adds New U.S. President
Xero Limited (XRO), the parent company of cloud-based small business software maker Xero,has received investments from Accel Partners and Matrix Capital Management totaling more than $110 million.
Client-Firm Collaboration is the Key to the New Age of Write-Up
Is write-up dead? No, but with the continuing move by small businesses to online accounting software, the way in which accountants provide this service is definitely changing.
How 401(k) Plans Save Money and Reduce Taxes
Are you participating in an employer-sponsored retirement plan? If your company has one, consider yourself fortunate. But if you’ve been ignoring whatever your company is offering, this year make a resolution to get the facts. A good retirement plan will allow you to defer taxes on whatever you contribute to your 401(k) account until you […]
AICPA Names Goodman as Recipient of Financial Planning Award
The American Institute of CPAs named Michael Goodman, CPA/PFS, as the recipient of the 2014 Personal Financial Planning Distinguished Service Award. Goodman is founder of New York City-based Wealthstream Advisors, Inc.