Covering Students at College

Graduations are in full swing and as parents we are all looking toward these kids’ futures.  Whether they are heading to Trade schools, colleges, maybe straight to the work force or a discussion of a year off is in play or whatever the ‘next step’ may entail, we—the parents—should also think about these young adults’ health insurance. Read More

Part 2 of 3: E-Verify

Are you familiar with E-Verify?
E-Verify is an internet-based system that is available in all 50 states and it compares information entered by an employer from an employee’s Form I-9, to records available to the U.S. Department of Homeland Security and the Social Security Administration to confirm employment eligibility in the United States.  

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SAVE $7,500?? Electric Vehicle Tax Credit Update

I am looking for a new vehicle. I never really thought of an electric vehicle until I became a bit infatuated with a Tesla which, as I am sure you know, is an electric car. Being a CPA, I also knew about the tax credit of $7,500 for certain electric vehicles so that was enticing, also. Then I heard on the news that the credits for Tesla vehicles are being phased out and so I decided I needed to do some research on these credits. And here are my findings. Read More

Should You Convert to a Roth IRA

Individual retirement accounts (IRAs) come in two flavors: traditional and Roth. With a traditional, contributions are potentially tax deductible and taxes on contributions and earnings are paid when funds are withdrawn in retirement. With a Roth, contributions are made after tax, but withdrawals in retirement are generally tax free.

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